Funding you earn now, next payment 04:00 UTC−0.0380%/8h= −41.6% APRnext payment −$1.90 per $10,000 · paid last 24h −0.099%
Price spread now: GRVT against MEXC−0.418%82s7-day average +0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.265%−$27 on $10k
+Price spread, last 4 days (all we have)+0.761%+$76 · spread now −0.418%, 7d avg +0.064%
=Together, before fees+0.496%+ Points / potential airdropGRVT: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and GRVT is 0.482% cheaper against MEXC than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of +0.064%). Swap the legs. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.265% in total (about -13.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.90 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 | 0.5900 | 0.0480 | pay 0.0240% / 4h | 2h 06m | $1.1M | $913K | 50x |
| Short | GRVT EDGE_USDT_Perp | 0.5875 | 0.0100 | get 0.0050% / 4h | 2h 06m | $7K | $2.0M | 10x |
MEXC EDGE_USDT
GRVT EDGE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$79.8
- Price spread: −0.418% → +0.064%
- −$48.21
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$145.01
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; GRVT: live order book, 2 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 MEXC live order book, 5 min ago | 1.70 bp | 10.8 bp −$11 | 83.1 bp −$831 | 204.2 bp −$20.4K | 773.0 bp −$386.5K |
| Sell GRVT live order book, 2 min ago | 3.40 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
EDGE on 16 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 | 0.5898 | −0.031% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5892 | −0.136% | $7.0M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5898 | −0.034% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5889 | −0.186% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5894 | −0.107% | $58K | $105K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5877 | −0.382% | $189K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perpshort | +0.0100% | 4h | 0.5875 | −0.418% | $7K | $2.0M | 10x | |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5872 | −0.475% | $9K | $304K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5854 | −0.780% | $3K | $617K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0441% | 4h | 0.5910 | +0.169% | $3.6M | $5.8M | 20x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
ApeX Omni EDGEUSDT
SunX EDGE-USDT
OKX EDGE-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0445% | 4h | 0.5872 | −0.475% | $14.0M | $3.6M | 30x | as long as short |
| Extended EDGE-USD | +0.0480% | 1h | 0.5895 | −0.083% | $27K | $195K | 5x | as long as short |
| MEXC EDGE_USDTlong | +0.0480% | 4h | 0.5900 | long leg | $1.1M | $913K | 50x | |
| Binance EDGEUSDT | +0.0483% | 4h | 0.5902 | +0.037% | $10.1M | $10.3M | 50x | as long as short |
| Aster EDGEUSDT | +0.0483% | 4h | 0.5895 | −0.077% | $68K | $132K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0698% | 4h | 0.5893 | −0.119% | $3K | — | 10x | as long as short |
edgeX EDGEUSDC
Extended EDGE-USD
Binance EDGEUSDT
Aster EDGEUSDT
Orderly PERP_EDGE_USDC