Funding you earn now, next payment 11:00 UTC+0.0442%/8h= +48.4% APRpaid last 24h +0.116%
Price spread now: MEXC against Lighter+0.182%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.296%+$30 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and MEXC is 0.182% dearer against Lighter than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.296% in total (about 15.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter EDGE | 0.5923 | 0.0096 | pay 0.0012% / 1h | 57m 36s | $43K | $18K | 3x |
| Short | MEXC EDGE_USDT | 0.5934 | 0.0538 | get 0.0269% / 4h | 1h 57m | $1.1M | $684K | 50x |
Lighter EDGE
MEXC EDGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Lighter. 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
- $92.82
- Price spread: +0.182% → 0.000%
- $18.23
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- $103.05
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 1 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 Lighter no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 1 min ago | 0.84 bp | 9.3 bp −$9 | 80.6 bp −$806 | 259.9 bp −$26.0K | 855.7 bp −$427.8K |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
EDGE on 17 exchanges
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 EDGElong | +0.0096% | 1h | 0.5923 | long leg | $43K | $18K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5927 | +0.064% | $7.1M | $3.2M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5936 | +0.216% | $4.7M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5924 | +0.015% | $187K | $140K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5939 | +0.260% | $2K | $3.6M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5948 | +0.419% | $9K | $274K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5896 | −0.459% | $3K | $623K | 10x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0139% | 1h | 0.5935 | +0.196% | $60K | $114K | 3.3x | as long as short |
| KuCoin EDGEUSDTM | +0.0202% | 4h | 0.5935 | +0.199% | $2.1M | $2.2M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0428% | 4h | 0.5944 | +0.351% | $3.7M | $5.7M | 20x | as long as short |
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Backpack EDGE_USDC_PERP
KuCoin EDGEUSDTM
OKX EDGE-USDT-SWAPShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0445% | 4h | 0.5936 | +0.223% | $14.3M | $3.8M | 30x | as long as short |
| Aster EDGEUSDT | +0.0463% | 4h | 0.5937 | +0.233% | $59K | $144K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0516% | 4h | 0.5932 | +0.149% | $673K | $105K | 50x | as long as short |
| Extended EDGE-USD | +0.0536% | 1h | 0.5939 | +0.267% | $27K | $272K | 5x | as long as short |
| MEXC EDGE_USDTshort | +0.0538% | 4h | 0.5934 | +0.182% | $1.1M | $684K | 50x | |
| Binance EDGEUSDT | +0.0538% | 4h | 0.5934 | +0.180% | $10.3M | $10.5M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0655% | 4h | 0.5933 | +0.165% | $2K | $1K | 10x | as long as short |
edgeX EDGEUSDC
Aster EDGEUSDT
BloFin EDGE-USDT
Extended EDGE-USD
Binance EDGEUSDT
Orderly PERP_EDGE_USDC