Funding you earn now, next payment 02:00 UTC−0.0434%/8h= −47.5% APRpaid last 24h −0.080%
Price spread now: Lighter against MEXC−0.248%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Lighter is 0.248% cheaper against MEXC than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.257% in total (about -13.4% a year). A funding rate is set anew for every payment. 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 | 0.5893 | 0.0530 | pay 0.0265% / 4h | 2h 49m | $1.1M | $910K | 50x |
| Short | Lighter EDGE | 0.5878 | 0.0096 | get 0.0012% / 1h | 49m 59s | $49K | $13K | 3x |
MEXC EDGE_USDT
Lighter EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$91.14
- Price spread: −0.248% → 0.000%
- −$24.78
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$123.92
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; Lighter: 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 | 0.85 bp | 6.7 bp −$7 | 82.8 bp −$828 | 265.7 bp −$26.6K | 843.9 bp −$422.0K |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGEshort | +0.0096% | 1h | 0.5878 | −0.248% | $49K | $13K | 3x | |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5884 | −0.153% | $7.1M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5888 | −0.085% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5886 | −0.119% | $4.7M | $1.0M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5889 | −0.059% | $59K | $101K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5877 | −0.278% | $190K | $132K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5883 | −0.170% | $12K | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5892 | −0.017% | $12K | $301K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5850 | −0.730% | $3K | $618K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0408% | 4h | 0.5900 | +0.119% | $3.6M | $5.8M | 20x | as long as short |
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
OKX EDGE-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0423% | 4h | 0.5881 | −0.211% | $14.1M | $3.6M | 30x | as long as short |
| Aster EDGEUSDT | +0.0503% | 4h | 0.5895 | +0.032% | $68K | $132K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0505% | 4h | 0.5882 | −0.187% | $656K | $97K | 50x | as long as short |
| MEXC EDGE_USDTlong | +0.0530% | 4h | 0.5893 | long leg | $1.1M | $910K | 50x | |
| Extended EDGE-USD | +0.0536% | 1h | 0.5893 | −0.006% | $27K | $194K | 5x | as long as short |
| Binance EDGEUSDT | +0.0536% | 4h | 0.5892 | −0.010% | $10.1M | $10.4M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0767% | 4h | 0.5890 | −0.051% | $3K | — | 10x | as long as short |
edgeX EDGEUSDC
Aster EDGEUSDT
BloFin EDGE-USDT
Extended EDGE-USD
Binance EDGEUSDT
Orderly PERP_EDGE_USDC