Funding you earn now, next payment 00:00 UTC−0.0520%/8h= −56.9% APRnext payment −$2.60 per $10,000 · paid last 24h −0.055%
Price spread now: Bitget against MEXC−0.150%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1000.998% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 7 days+0.101%+$10 · spread now −0.150%, 7d avg −0.119%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bitget is 0.031% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.119%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.219% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.60 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 | MEXC EDGE_USDT | 0.5983 | 0.0620 | pay 0.0310% / 4h | 34m 02s | $1.2M | $915K | 50x |
| Short | Bitget EDGEUSDT | 0.5974 | 0.0100 | get 0.0050% / 4h | 34m 02s | $4.7M | $999K | 20x |
MEXC EDGE_USDT
Bitget EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$109.2
- Price spread: −0.150% → −0.119%
- −$3.1
- Slippage, 4 orders
- −$79.77
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$212.07
- Costs to cover
- 0.998%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 4 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, 2 min ago | 0.84 bp | 9.1 bp −$9 | 75.1 bp −$751 | 255.2 bp −$25.5K | 810.4 bp −$405.2K |
| Sell Bitget live order book, 4 min ago | 10.88 bp | 41.9 bp −$42 | 293.0 bp −$2,930 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.5966 | −0.291% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5977 | −0.100% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDTshort | +0.0100% | 4h | 0.5974 | −0.150% | $4.7M | $999K | 20x | |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5981 | −0.037% | $58K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5959 | −0.396% | $193K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5978 | −0.080% | $7K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5987 | +0.067% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5948 | −0.585% | $4K | $611K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0176% | 4h | 0.5979 | −0.067% | $2.1M | $2.2M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0593% | 4h | 0.5973 | −0.167% | $646K | $128K | 50x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDTlong | +0.0620% | 4h | 0.5983 | long leg | $1.2M | $915K | 50x | |
| Binance EDGEUSDT | +0.0620% | 4h | 0.5985 | +0.029% | $10.2M | $10.1M | 50x | as long as short |
| Extended EDGE-USD | +0.0624% | 1h | 0.5983 | −0.001% | $27K | $230K | 5x | as long as short |
| Aster EDGEUSDT | +0.0625% | 4h | 0.5985 | +0.034% | $69K | $135K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0666% | 4h | 0.5980 | −0.050% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0722% | 4h | 0.5992 | +0.150% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0736% | 4h | 0.5982 | −0.009% | $14.3M | $3.5M | 30x | as long as short |
Binance EDGEUSDT
Extended EDGE-USD
Aster EDGEUSDT
Orderly PERP_EDGE_USDC
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC