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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDGEUSDT | 0.5977 | 0.0599 | pay 0.0300% / 4h | 27m 56s | $10.1M | $10.1M | 50x |
| Short | MEXC EDGE_USDT | 0.5976 | 0.0608 | get 0.0304% / 4h | 27m 56s | $1.2M | $915K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 12 min ago | 0.83 bp | 28.9 bp −$29 | 206.2 bp −$2,062 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.84 bp | 8.6 bp −$9 | 72.1 bp −$721 | 275.0 bp −$27.5K | 854.5 bp −$427.2K |
EDGE on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | +0.0011% | 1h | 0.5969 | −0.136% | $58K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5956 | −0.360% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5963 | −0.234% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5973 | −0.067% | $4.7M | $999K | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5968 | −0.154% | $193K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5979 | +0.029% | $7K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5990 | +0.218% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5929 | −0.803% | $3K | $612K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0150% | 4h | 0.5972 | −0.084% | $2.1M | $2.2M | 50x | as long as short |
| Binance EDGEUSDTlong | +0.0599% | 4h | 0.5977 | long leg | $10.1M | $10.1M | 50x |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0600% | 1h | 0.5978 | +0.023% | $27K | $230K | 5x | as long as short |
| MEXC EDGE_USDTshort | +0.0608% | 4h | 0.5976 | −0.017% | $1.2M | $915K | 50x | |
| BloFin EDGE-USDT | +0.0608% | 4h | 0.5971 | −0.100% | $645K | $113K | 50x | as long as short |
| Aster EDGEUSDT | +0.0609% | 4h | 0.5972 | −0.083% | $69K | $135K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0676% | 4h | 0.5969 | −0.134% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0701% | 4h | 0.5984 | +0.117% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0722% | 4h | 0.5991 | +0.234% | $14.3M | $3.5M | 30x | as long as short |
Binance EDGEUSDT
MEXC EDGE_USDT
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
Extended EDGE-USD
BloFin EDGE-USDT
Aster EDGEUSDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC