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 − costs—prices read too far apart to compare
costs, in and out, $10k−$690.694% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX EDGEUSDC | 0.5925 | 0.0445 | pay 0.0222% / 4h | 52m 00s | $14.2M | $3.6M | 30x |
| Short | MEXC EDGE_USDT | 0.5899 | 0.0390 | get 0.0195% / 4h | 52m 00s | $1.1M | $884K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 2 min ago | 4.21 bp | 10.3 bp −$10 | 85.6 bp −$856 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.84 bp | 8.4 bp −$8 | 82.9 bp −$829 | 257.8 bp −$25.8K | 871.5 bp −$435.7K |
EDGE on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0330% | 1h | 0.5895 | −0.513% | $59K | $107K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5893 | −0.542% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5889 | −0.614% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5905 | −0.344% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5908 | −0.294% | $4.7M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5929 | +0.053% | $188K | $135K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5888 | −0.629% | $8K | $2.2M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5889 | −0.614% | $9K | $304K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5851 | −1.256% | $4K | $623K | 10x | as long as short |
| BloFin EDGE-USDT | +0.0387% | 4h | 0.5910 | −0.260% | $651K | $101K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDTshort | +0.0390% | 4h | 0.5899 | −0.446% | $1.1M | $884K | 50x | |
| Extended EDGE-USD | +0.0392% | 1h | 0.5894 | −0.523% | $27K | $191K | 5x | as long as short |
| Binance EDGEUSDT | +0.0396% | 4h | 0.5899 | −0.453% | $10.1M | $10.3M | 50x | as long as short |
| Aster EDGEUSDT | +0.0439% | 4h | 0.5913 | −0.213% | $67K | $129K | 5x | as long as short |
| edgeX EDGEUSDClong | +0.0445% | 4h | 0.5925 | long leg | $14.2M | $3.6M | 30x | |
| OKX EDGE-USDT-SWAP | +0.0448% | 4h | 0.5899 | −0.446% | $3.7M | $5.7M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0564% | 4h | 0.5895 | −0.513% | $3K | — | 10x | as long as short |
edgeX EDGEUSDC
MEXC EDGE_USDT
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
BloFin EDGE-USDT
Extended EDGE-USD
Binance EDGEUSDT
Aster EDGEUSDT
OKX EDGE-USDT-SWAP