EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h −0.027%

Price spread now: MEXC against Orderly+0.017%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_EDGE_USDC	0.5969	0.0737	pay 0.0369% / 4h	3m 13s	$3K	—	10x
Short	MEXC EDGE_USDT	0.5970	0.0640	get 0.0320% / 4h	3m 13s	$1.2M	$917K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Orderly. 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 OrderlybpFee MEXCbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$20.45
Price spread: +0.017% → 0.000%: $1.68
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$32.78
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 3 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 Orderly no order-book sample	—	—	—	—	—
Sell MEXC live order book, 3 min ago	0.84 bp	9.2 bp −$9	86.1 bp −$861	271.0 bp −$27.1K	772.0 bp −$386.0K

Orderly: 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 EDGE	+0.0096%	1h	0.5956	−0.218%	$53K	$11K	3x	as long as short
Backpack EDGE_USDC_PERP	+0.0096%	1h	0.5966	−0.055%	$58K	$101K	3.3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5957	−0.201%	$7.1M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5969	0.000%	$4.7M	$1.0M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5941	−0.466%	$190K	$133K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5968	−0.016%	$8K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5976	+0.117%	$9K	$289K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5925	−0.737%	$4K	$614K	10x	as long as short
KuCoin EDGEUSDTM	+0.0168%	4h	0.5968	−0.017%	$2.1M	$2.2M	50x	as long as short
BloFin EDGE-USDT	+0.0607%	4h	0.5971	+0.034%	$644K	$96K	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	+0.0621%	4h	0.5971	+0.034%	$69K	$133K	5x	as long as short
Extended EDGE-USD	+0.0640%	1h	0.5964	−0.086%	$27K	$230K	5x	as long as short
MEXC EDGE_USDTshort	+0.0640%	4h	0.5970	+0.017%	$1.2M	$917K	50x
Binance EDGEUSDT	+0.0641%	4h	0.5971	+0.034%	$10.1M	$10.1M	50x	as long as short
edgeX EDGEUSDC	+0.0680%	4h	0.5961	−0.129%	$14.2M	$3.5M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0680%	4h	0.5969	0.000%	$3.7M	$5.9M	20x	as long as short
Orderly PERP_EDGE_USDClong	+0.0737%	4h	0.5969	long leg	$3K	—	10x