EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.005%

Price spread now: MEXC against BloFin−0.119%94s7-day average −0.065% · 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—prices read too far apart to compare

costs, in and out, $10k−$780.780% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 3 days (all we have)−0.171%−$17 · spread now −0.119%, 7d avg −0.065%

Together, before fees−0.145%−$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.054% cheaper against BloFin than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of −0.065%). If the spread goes back, that is −$5 on $10k: about 3.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.026% in total) that is about 15 days. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EDGE-USDT	0.5878	0.0432	pay 0.0216% / 4h	1h 09m	$631K	$125K	50x
Short	MEXC EDGE_USDT	0.5871	0.0482	get 0.0241% / 4h	1h 09m	$1.2M	$921K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now −0.119%Rate

Funding earned: $10.49
Price spread: −0.119% → −0.065%: −$5.45
Slippage, 4 orders: −$57.95
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$72.91
Costs to cover: 0.780%
Break-even: 55.7 days

Slippage from BloFin: live order book, 7 min ago; MEXC: live order book, 1 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 BloFin live order book, 7 min ago	5.97 bp	26.3 bp −$26	127.2 bp −$1,272	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	4.26 bp	12.0 bp −$12	73.5 bp −$735	266.8 bp −$26.7K	681.0 bp −$340.5K

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
Lighter EDGE	+0.0096%	1h	0.5853	−0.429%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5862	−0.272%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5867	−0.187%	$4.7M	$999K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5865	−0.225%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5864	−0.235%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5871	−0.117%	$12K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5878	0.000%	$8K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5830	−0.817%	$3K	$610K	10x	as long as short
KuCoin EDGEUSDTM	+0.0174%	4h	0.5868	−0.170%	$2.1M	$2.3M	50x	as long as short
BloFin EDGE-USDTlong	+0.0432%	4h	0.5878	long leg	$631K	$125K	50x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EDGE-USD	+0.0480%	1h	0.5868	−0.174%	$27K	$230K	5x	as long as short
Binance EDGEUSDT	+0.0480%	4h	0.5872	−0.098%	$10.0M	$10.1M	50x	as long as short
MEXC EDGE_USDTshort	+0.0482%	4h	0.5871	−0.119%	$1.2M	$921K	50x
Aster EDGEUSDT	+0.0491%	4h	0.5872	−0.102%	$68K	$136K	5x	as long as short
edgeX EDGEUSDC	+0.0540%	4h	0.5876	−0.038%	$14.0M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0547%	4h	0.5880	+0.034%	$3.6M	$5.8M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0578%	4h	0.5867	−0.187%	$3K	—	10x	as long as short