Funding arb · Price arb /

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h −0.004%

Price spread now: Extended against MEXC+0.109%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.109% dearer against MEXC than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDGE_USDT	0.5999	0.0502	pay 0.0251% / 4h	1h 38m	$1.1M	$801K	50x
Short	Extended EDGE-USD	0.6006	0.0496	get 0.0062% / 1h	38m 55s	$29K	$84K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now +0.109%Rate

Funding earned: −$1.26
Price spread: +0.109% → 0.000%: $10.86
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$3.4
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 min ago; Extended: no order-book sample. 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 MEXC live order book, 1 min ago	0.83 bp	9.6 bp −$10	80.0 bp −$800	257.5 bp −$25.8K	685.5 bp −$342.7K
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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 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	−0.0470%	1h	0.5997	−0.028%	$59K	$120K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5989	−0.172%	$44K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5987	−0.200%	$7.2M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5999	0.000%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5998	−0.017%	$4.8M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5992	−0.117%	$190K	$144K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.6010	+0.183%	$7K	$2.9M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.6004	+0.083%	$9K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5959	−0.667%	$3K	$642K	10x	as long as short
Aster EDGEUSDT	+0.0330%	4h	0.6000	+0.021%	$53K	$156K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin EDGE-USDT	+0.0475%	4h	0.5995	−0.067%	$666K	$106K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0479%	4h	0.6009	+0.167%	$3.8M	$6.1M	20x	as long as short
Binance EDGEUSDT	+0.0494%	4h	0.5997	−0.033%	$10.3M	$10.8M	50x	as long as short
Extended EDGE-USDshort	+0.0496%	1h	0.6006	+0.109%	$29K	$84K	5x
edgeX EDGEUSDC	+0.0498%	4h	0.6013	+0.226%	$14.4M	$3.7M	30x	as long as short
MEXC EDGE_USDTlong	+0.0502%	4h	0.5999	long leg	$1.1M	$801K	50x
Orderly PERP_EDGE_USDC	+0.0624%	4h	0.6000	+0.017%	$2K	$1K	10x	as long as short