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

EDGE

all EDGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0055%/8h= −6.0% APRnext payment $0.27 per $10,000 · paid last 24h +0.040%
Price spread now: MEXC against edgeX−0.446%83s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.163%+$16 on $10k
Price spread, last 7 days+0.341%+$34 · spread now −0.446%, 7d avg −0.016%
Together, before fees+0.504%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.429% cheaper against edgeX than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of −0.016%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.163%, so the current rate has only just turned against you. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX EDGEUSDC0.59250.0445pay 0.0222% / 4h52m 00s$14.2M$3.6M30x
ShortMEXC EDGE_USDT0.58990.0390get 0.0195% / 4h52m 00s$1.1M$884K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against edgeX. 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
−$11.51
Price spread: −0.446% → −0.016%
−$42.92
Slippage, 4 orders
−$52.4
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$123.83
Costs to cover
0.694%
Break-even
never at this rate
Slippage from edgeX: live order book, 2 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 edgeX live order book, 2 min ago4.21 bp10.3 bp −$1085.6 bp −$856doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.84 bp8.4 bp −$882.9 bp −$829257.8 bp −$25.8K871.5 bp −$435.7K

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−0.0330%1h0.5895−0.513%$59K$107K3.3xas long as short
Lighter EDGE+0.0096%1h0.5893−0.542%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5889−0.614%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5905−0.344%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5908−0.294%$4.7M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5929+0.053%$188K$135Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5888−0.629%$8K$2.2M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5889−0.614%$9K$304K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5851−1.256%$4K$623K10xas long as short
BloFin EDGE-USDT+0.0387%4h0.5910−0.260%$651K$101K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDTshort+0.0390%4h0.5899−0.446%$1.1M$884K50x
Extended EDGE-USD+0.0392%1h0.5894−0.523%$27K$191K5xas long as short
Binance EDGEUSDT+0.0396%4h0.5899−0.453%$10.1M$10.3M50xas long as short
Aster EDGEUSDT+0.0439%4h0.5913−0.213%$67K$129K5xas long as short
edgeX EDGEUSDClong+0.0445%4h0.5925long leg$14.2M$3.6M30x
OKX EDGE-USDT-SWAP+0.0448%4h0.5899−0.446%$3.7M$5.7M20xas long as short
Orderly PERP_EDGE_USDC+0.0564%4h0.5895−0.513%$3K10xas long as short