Funding you earn now, next payment 00:00 UTC+0.0498%/8h= +54.5% APRnext payment +$2.49 per $10,000 · paid last 24h +0.075%
Price spread now: MEXC against GRVT+0.071%7-day average −0.061% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 3 days (all we have)−0.087%−$9 · spread now +0.071%, 7d avg −0.061%
=Together, before fees+0.152%+ Points / potential airdropGRVT: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and MEXC is 0.132% dearer against GRVT than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.061%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.239% in total (about 12.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT EDGE_USDT_Perp | 0.5979 | 0.0100 | pay 0.0050% / 4h | 27m 20s | $7K | $1.8M | 10x |
| Short | MEXC EDGE_USDT | 0.5983 | 0.0598 | get 0.0299% / 4h | 27m 20s | $1.2M | $915K | 50x |
GRVT EDGE_USDT_Perp
MEXC EDGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against GRVT. 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
- $104.58
- Price spread: +0.071% → −0.061%
- $13.21
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- $100.79
- Costs to cover
- 0.170%
- Break-even
- 0.3 days
Slippage unknown: GRVT: live order book, 1 min ago; MEXC: live order book, 4 min ago. Net counts fees only.
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 GRVT live order book, 1 min ago | 10.03 bp | 71.1 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 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 | −0.165% | $58K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5958 | −0.344% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5979 | +0.004% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5975 | −0.063% | $4.7M | $999K | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5968 | −0.183% | $193K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perplong | +0.0100% | 4h | 0.5979 | long leg | $7K | $1.8M | 10x | |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5978 | −0.013% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5929 | −0.832% | $3K | $612K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0148% | 4h | 0.5977 | −0.029% | $2.1M | $2.2M | 50x | as long as short |
| MEXC EDGE_USDTshort | +0.0598% | 4h | 0.5983 | +0.071% | $1.2M | $915K | 50x |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EDGEUSDT | +0.0599% | 4h | 0.5985 | +0.101% | $10.2M | $10.1M | 50x | as long as short |
| Extended EDGE-USD | +0.0600% | 1h | 0.5976 | −0.048% | $27K | $230K | 5x | as long as short |
| Aster EDGEUSDT | +0.0601% | 4h | 0.5973 | −0.093% | $69K | $135K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0608% | 4h | 0.5971 | −0.130% | $645K | $113K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0679% | 4h | 0.5981 | +0.037% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0701% | 4h | 0.5986 | +0.121% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0706% | 4h | 0.5978 | −0.016% | $14.3M | $3.5M | 30x | as long as short |
Binance EDGEUSDT
Extended EDGE-USD
Aster EDGEUSDT
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC