Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.017%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$750.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 7 days−0.003%$0 · spread now −0.017%, 7d avg −0.005%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDGEUSDT0.59770.0599pay 0.0300% / 4h27m 56s$10.1M$10.1M50x
ShortMEXC EDGE_USDT0.59760.0608get 0.0304% / 4h27m 56s$1.2M$915K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.85
Price spread: −0.017% → −0.005%
−$1.14
Slippage, 4 orders
−$57.2
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$74.49
Costs to cover
0.752%
Break-even
288.5 days
Slippage from Binance: live order book, 12 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 12 min ago0.83 bp28.9 bp −$29206.2 bp −$2,062doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.84 bp8.6 bp −$972.1 bp −$721275.0 bp −$27.5K854.5 bp −$427.2K

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP+0.0011%1h0.5969−0.136%$58K$100K3.3xas long as short
Lighter EDGE+0.0096%1h0.5956−0.360%$55K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5963−0.234%$7.1M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5973−0.067%$4.7M$999K20xas long as short
Variational Omni EDGE+0.0100%4h0.5968−0.154%$193K$131Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5979+0.029%$7K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5990+0.218%$9K$288K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5929−0.803%$3K$612K10xas long as short
KuCoin EDGEUSDTM+0.0150%4h0.5972−0.084%$2.1M$2.2M50xas long as short
Binance EDGEUSDTlong+0.0599%4h0.5977long leg$10.1M$10.1M50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EDGE-USD+0.0600%1h0.5978+0.023%$27K$230K5xas long as short
MEXC EDGE_USDTshort+0.0608%4h0.5976−0.017%$1.2M$915K50x
BloFin EDGE-USDT+0.0608%4h0.5971−0.100%$645K$113K50xas long as short
Aster EDGEUSDT+0.0609%4h0.5972−0.083%$69K$135K5xas long as short
Orderly PERP_EDGE_USDC+0.0676%4h0.5969−0.134%$3K10xas long as short
OKX EDGE-USDT-SWAP+0.0701%4h0.5984+0.117%$3.7M$5.9M20xas long as short
edgeX EDGEUSDC+0.0722%4h0.5991+0.234%$14.3M$3.5M30xas long as short