EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0370%/8h= −40.5% APRnext payment −$1.85 per $10,000 · paid last 24h −0.055%

Price spread now: SunX against MEXC−0.034%7-day average +0.409% · you buy dearer than you sell

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

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.219%−$22 on $10k

Price spread, last 3 days (all we have)+1.355%+$136 · spread now −0.034%, 7d avg +0.409%

Together, before fees+1.136%+$114 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 SunX is 0.443% cheaper against MEXC than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of +0.409%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.219% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.85 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	0.5844	0.0470	pay 0.0235% / 4h	1h 34m	$1.2M	$919K	50x
Short	SunX EDGE-USDT	0.5842	0.0100	get 0.0050% / 4h	1h 34m	$4K	$606K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$77.7
Price spread: −0.034% → +0.409%: −$44.32
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$138.02
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 min ago; SunX: live order book, 36 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, 1 min ago	0.86 bp	8.8 bp −$9	67.9 bp −$679	246.9 bp −$24.7K	762.4 bp −$381.2K
Sell SunX live order book, 36 min ago	500.64 bp	doesn't fit	doesn't fit	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	0.5828	−0.265%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5837	−0.120%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5841	−0.051%	$4.7M	$995K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5842	−0.029%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5872	+0.485%	$192K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5888	+0.753%	$2K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5922	+1.335%	$8K	$294K	50x	as long as short
SunX EDGE-USDTshort	+0.0100%	4h	0.5842	−0.034%	$4K	$606K	10x
KuCoin EDGEUSDTM	+0.0220%	4h	0.5838	−0.103%	$2.1M	$2.3M	50x	as long as short
Binance EDGEUSDT	+0.0461%	4h	0.5845	+0.015%	$9.9M	$10.1M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDT	+0.0461%	4h	0.5843	−0.017%	$67K	$136K	5x	as long as short
MEXC EDGE_USDTlong	+0.0470%	4h	0.5844	long leg	$1.2M	$919K	50x
Extended EDGE-USD	+0.0472%	1h	0.5843	−0.025%	$27K	$230K	5x	as long as short
BloFin EDGE-USDT	+0.0489%	4h	0.5846	+0.034%	$623K	$124K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0516%	4h	0.5845	+0.017%	$3.6M	$5.8M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0522%	4h	0.5848	+0.068%	$3K	—	10x	as long as short
edgeX EDGEUSDC	+0.0538%	4h	0.5890	+0.795%	$14.1M	$3.4M	30x	as long as short