Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.016%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$980.976% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.001%$0 · spread now +0.016%, 7d avg +0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EDGE_USDT | 0.5837 | 0.0192 | pay 0.0096% / 4h | 2h 47m | $1.2M | $920K | 50x |
| Short | Binance EDGEUSDT | 0.5838 | 0.0190 | get 0.0095% / 4h | 2h 47m | $9.9M | $10.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$0.35
- Price spread: +0.016% → +0.006%
- $1.05
- Slippage, 4 orders
- −$79.55
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.86
- Costs to cover
- 0.976%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 7 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 MEXC live order book, 3 min ago | 0.86 bp | 9.5 bp −$9 | 70.1 bp −$701 | 248.6 bp −$24.9K | 713.9 bp −$357.0K |
| Sell Binance live order book, 7 min ago | 1.72 bp | 47.7 bp −$48 | 171.0 bp −$1,710 | doesn't fit | doesn't fit |
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 | −0.0730% | 1h | 0.5830 | −0.120% | $59K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5819 | −0.315% | $54K | $9K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5826 | −0.188% | $6.9M | $3.2M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5829 | −0.137% | $2.1M | $2.3M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5825 | −0.206% | $4.6M | $984K | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5814 | −0.402% | $190K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5826 | −0.188% | $6K | $1.7M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5827 | −0.171% | $6K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6103 | +4.557% | $4K | $598K | 10x | as long as short |
| BloFin EDGE-USDT | +0.0156% | 4h | 0.5815 | −0.377% | $628K | $124K | 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 | +0.0158% | 4h | 0.5835 | −0.034% | $3.6M | $5.7M | 20x | as long as short |
| Aster EDGEUSDT | +0.0165% | 4h | 0.5835 | −0.043% | $67K | $134K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0178% | 4h | 0.5827 | −0.163% | $13.9M | $3.4M | 30x | as long as short |
| Binance EDGEUSDTshort | +0.0190% | 4h | 0.5838 | +0.016% | $9.9M | $10.0M | 50x | |
| Extended EDGE-USD | +0.0192% | 1h | 0.5830 | −0.112% | $26K | $230K | 5x | as long as short |
| MEXC EDGE_USDTlong | +0.0192% | 4h | 0.5837 | long leg | $1.2M | $920K | 50x | |
| Orderly PERP_EDGE_USDC | +0.0363% | 4h | 0.5832 | −0.086% | $3K | — | 10x | as long as short |
MEXC EDGE_USDT
Binance EDGEUSDT
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
OKX EDGE-USDT-SWAP
Aster EDGEUSDT
edgeX EDGEUSDC
Extended EDGE-USD