EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0318%/8h= +34.8% APRnext payment +$1.59 per $10,000 · paid last 24h +0.079%

Price spread now: MEXC against Bybit+0.084%7-day average +0.110% · you sell dearer than you buy

Net, funding: paid 7d − costs−$206as in the Funding arb table

Net, price: spread back to 7d avg − costs−$234as in the Price arb table

costs, in and out, $10k−$2322.317% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.256%+$26 on $10k

Price spread, last 7 days−0.006%−$1 · spread now +0.084%, 7d avg +0.110%

Together, before fees+0.250%+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.026% cheaper against Bybit than usual: you would sell low and buy high (spread +0.084% now, against its 7-day average of +0.110%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.256% in total) that is about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit EDGEUSDT	0.5958	0.0100	pay 0.0050% / 4h	28m 00s	$7.1M	$3.4M	25x
Short	MEXC EDGE_USDT	0.5963	0.0418	get 0.0209% / 4h	28m 00s	$1.1M	$890K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now +0.084%Rate

Funding earned: $66.78
Price spread: +0.084% → +0.110%: −$2.58
Slippage, 4 orders: −$212.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$167.5
Costs to cover: 2.317%
Break-even: 24.6 days

Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago	2.51 bp	99.8 bp −$100	400.1 bp −$4,001	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.84 bp	6.5 bp −$7	74.1 bp −$741	267.9 bp −$26.8K	822.2 bp −$411.1K

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	−0.0106%	1h	0.5960	+0.034%	$58K	$111K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5956	−0.030%	$43K	$19K	3x	as long as short
Bybit EDGEUSDTlong	+0.0100%	4h	0.5958	long leg	$7.1M	$3.4M	25x
KuCoin EDGEUSDTM	+0.0100%	4h	0.5968	+0.168%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5964	+0.101%	$4.7M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5960	+0.041%	$189K	$136K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5971	+0.218%	$4K	$2.3M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5978	+0.336%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5930	−0.470%	$3K	$628K	10x	as long as short
BloFin EDGE-USDT	+0.0369%	4h	0.5973	+0.252%	$660K	$103K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0403%	4h	0.5965	+0.117%	$3.7M	$5.8M	20x	as long as short
Extended EDGE-USD	+0.0416%	1h	0.5962	+0.059%	$27K	$193K	5x	as long as short
MEXC EDGE_USDTshort	+0.0418%	4h	0.5963	+0.084%	$1.1M	$890K	50x
Binance EDGEUSDT	+0.0419%	4h	0.5964	+0.101%	$10.3M	$10.5M	50x	as long as short
edgeX EDGEUSDC	+0.0421%	4h	0.5972	+0.230%	$14.3M	$3.6M	30x	as long as short
Aster EDGEUSDT	+0.0472%	4h	0.5969	+0.181%	$68K	$132K	5x	as long as short
Orderly PERP_EDGE_USDC	+0.0569%	4h	0.5959	+0.017%	$3K	—	10x	as long as short