EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against MEXC+0.736%94s7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as 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−$810.808% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 3 days (all we have)−0.446%−$45 · spread now +0.736%, 7d avg +0.065%

Together, before fees−0.472%−$47 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.671% dearer against MEXC than usual: you sell high and buy low: +$67 more if the spread goes back to its 7-day average of +0.065%. The two prices were read 94 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	MEXC EDGE_USDT	0.5842	0.0470	pay 0.0235% / 4h	1h 35m	$1.2M	$919K	50x
Short	BloFin EDGE-USDT	0.5885	0.0526	get 0.0263% / 4h	1h 35m	$627K	$125K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now +0.736%Rate

Funding earned: $11.79
Price spread: +0.736% → +0.065%: $67.14
Slippage, 4 orders: −$60.81
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1.87
Costs to cover: 0.808%
Break-even: 8.1 days

Slippage from MEXC: live order book, just now; BloFin: live order book, 46 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, just now	0.86 bp	8.8 bp −$9	67.9 bp −$679	246.9 bp −$24.7K	762.4 bp −$381.2K
Sell BloFin live order book, 46 min ago	0.85 bp	41.3 bp −$41	147.6 bp −$1,476	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	0.5830	−0.212%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5835	−0.120%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5845	+0.051%	$4.7M	$995K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5839	−0.045%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5893	+0.879%	$192K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5919	+1.310%	$2K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5922	+1.369%	$8K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5842	0.000%	$4K	$606K	10x	as long as short
KuCoin EDGEUSDTM	+0.0226%	4h	0.5853	+0.188%	$2.1M	$2.3M	50x	as long as short
Aster EDGEUSDT	+0.0470%	4h	0.5845	+0.059%	$67K	$136K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EDGE_USDTlong	+0.0470%	4h	0.5842	long leg	$1.2M	$919K	50x
Binance EDGEUSDT	+0.0472%	4h	0.5846	+0.064%	$9.9M	$10.1M	50x	as long as short
Extended EDGE-USD	+0.0472%	1h	0.5842	−0.008%	$27K	$230K	5x	as long as short
OKX EDGE-USDT-SWAP	+0.0517%	4h	0.5848	+0.103%	$3.6M	$5.8M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0521%	4h	0.5847	+0.086%	$3K	—	10x	as long as short
BloFin EDGE-USDTshort	+0.0526%	4h	0.5885	+0.736%	$627K	$125K	50x
edgeX EDGEUSDC	+0.0527%	4h	0.5906	+1.100%	$14.1M	$3.4M	30x	as long as short