EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.36 per $10,000 · paid last 24h −0.043%

Price spread now: OKX against MEXC+0.238%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$790.795% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$16 on $10k

Price spread, last 7 days−0.258%−$26 · spread now +0.238%, 7d avg +0.023%

Together, before fees−0.422%−$42 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 OKX is 0.215% dearer against MEXC than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.165%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDGE_USDT	0.5877	0.0482	pay 0.0241% / 4h	1h 09m	$1.2M	$921K	50x
Short	OKX EDGE-USDT-SWAP	0.5891	0.0555	get 0.0277% / 4h	1h 09m	$3.6M	$5.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.238%Rate

Funding earned: $15.28
Price spread: +0.238% → +0.023%: $21.54
Slippage, 4 orders: −$61.5
Fee MEXC: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$42.68
Costs to cover: 0.795%
Break-even: 26.6 days

Slippage from MEXC: live order book, 2 min ago; OKX: 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	4.26 bp	15.4 bp −$15	77.9 bp −$779	260.0 bp −$26.0K	647.1 bp −$323.6K
Sell OKX live order book, 4 min ago	2.55 bp	26.7 bp −$27	145.5 bp −$1,455	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	0.5865	−0.208%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5870	−0.119%	$7.0M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5885	+0.136%	$4.7M	$999K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5878	+0.024%	$60K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5864	−0.218%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5871	−0.100%	$12K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5878	+0.017%	$8K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5827	−0.851%	$3K	$610K	10x	as long as short
KuCoin EDGEUSDTM	+0.0174%	4h	0.5870	−0.119%	$2.1M	$2.3M	50x	as long as short
Extended EDGE-USD	+0.0480%	1h	0.5886	+0.158%	$27K	$230K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EDGEUSDT	+0.0480%	4h	0.5888	+0.187%	$10.0M	$10.1M	50x	as long as short
MEXC EDGE_USDTlong	+0.0482%	4h	0.5877	long leg	$1.2M	$921K	50x
Aster EDGEUSDT	+0.0491%	4h	0.5872	−0.085%	$68K	$136K	5x	as long as short
BloFin EDGE-USDT	+0.0527%	4h	0.5873	−0.068%	$631K	$125K	50x	as long as short
edgeX EDGEUSDC	+0.0543%	4h	0.5877	−0.007%	$14.0M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAPshort	+0.0555%	4h	0.5891	+0.238%	$3.6M	$5.8M	20x
Orderly PERP_EDGE_USDC	+0.0579%	4h	0.5876	−0.017%	$3K	—	10x	as long as short