Funding you earn now, next payment 00:00 UTC−0.0528%/8h= −57.8% APRnext payment −$2.64 per $10,000 · paid last 24h −0.055%
Price spread now: Variational Omni against MEXC−0.120%7-day average −0.050% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.109%−$11 on $10k
+Price spread, last 3 days (all we have)+0.117%+$12 · spread now −0.120%, 7d avg −0.050%
=Together, before fees+0.007%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.070% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.050%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.109% in total (about -12.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.64 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 | 0.5975 | 0.0628 | pay 0.0314% / 4h | 31m 12s | $1.2M | $915K | 50x |
| Short | Variational Omni EDGE | 0.5968 | 0.0100 | get 0.0050% / 4h | 31m 12s | $193K | $131K | — |
MEXC EDGE_USDT
Variational Omni EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$110.88
- Price spread: −0.120% → −0.050%
- −$7.03
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$125.91
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; Variational Omni: RFQ quote, 48 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 | 0.84 bp | 9.1 bp −$9 | 75.1 bp −$751 | 255.2 bp −$25.5K | 810.4 bp −$405.2K |
| Sell Variational Omni RFQ quote, 48 min ago | 7.68 bp | doesn't fit | 280.8 bp −$2,808 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | +0.0094% | 1h | 0.5969 | −0.099% | $58K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5957 | −0.306% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5968 | −0.117% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5970 | −0.084% | $4.7M | $999K | 20x | as long as short |
| Variational Omni EDGEshort | +0.0100% | 4h | 0.5968 | −0.120% | $193K | $131K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5987 | +0.201% | $7K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5990 | +0.251% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5935 | −0.669% | $4K | $612K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0164% | 4h | 0.5975 | 0.000% | $2.1M | $2.2M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0615% | 4h | 0.5972 | −0.050% | $645K | $116K | 50x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0616% | 1h | 0.5971 | −0.059% | $27K | $230K | 5x | as long as short |
| Binance EDGEUSDT | +0.0619% | 4h | 0.5975 | 0.000% | $10.1M | $10.1M | 50x | as long as short |
| Aster EDGEUSDT | +0.0627% | 4h | 0.5982 | +0.125% | $69K | $135K | 5x | as long as short |
| MEXC EDGE_USDTlong | +0.0628% | 4h | 0.5975 | long leg | $1.2M | $915K | 50x | |
| Orderly PERP_EDGE_USDC | +0.0674% | 4h | 0.5974 | −0.017% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0714% | 4h | 0.5979 | +0.067% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0722% | 4h | 0.5991 | +0.267% | $14.3M | $3.5M | 30x | as long as short |
Extended EDGE-USD
Binance EDGEUSDT
Aster EDGEUSDT
Orderly PERP_EDGE_USDC
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC