Funding you earn now, next payment 04:00 UTC+0.0514%/8h= +56.3% APRnext payment +$2.57 per $10,000 · paid last 24h +0.079%
Price spread now: MEXC against Variational Omni+0.563%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.136%+$14 on $10k
+Price spread, last 3 days (all we have)−0.556%−$56 · spread now +0.563%, 7d avg +0.051%
=Together, before fees−0.420%+ Points / potential airdropVariational Omni: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and MEXC is 0.512% dearer against Variational Omni than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of +0.051%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.136% in total (about 14.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.57 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 | Variational Omni EDGE | 0.5941 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $190K | $127K | — |
| Short | MEXC EDGE_USDT | 0.5974 | 0.0614 | get 0.0307% / 4h | 3h 42m | $1.2M | $912K | 50x |
Variational Omni EDGE
MEXC EDGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Variational Omni. 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
- $107.94
- Price spread: +0.563% → +0.051%
- $51.21
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- $151.15
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 31 min ago; 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 Variational Omni RFQ quote, 31 min ago | 5.03 bp | doesn't fit | 360.6 bp −$3,606 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.84 bp | 9.5 bp −$10 | 82.7 bp −$827 | 263.4 bp −$26.3K | 888.4 bp −$444.2K |
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 | −0.0182% | 1h | 0.5941 | +0.005% | $56K | $101K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5930 | −0.176% | $49K | $14K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5975 | +0.579% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5941 | +0.007% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5962 | +0.361% | $4.8M | $1.0M | 20x | as long as short |
| Variational Omni EDGElong | +0.0100% | 4h | 0.5941 | long leg | $190K | $127K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5955 | +0.239% | $5K | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5958 | +0.293% | $9K | $290K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5898 | −0.717% | $3K | $613K | 10x | as long as short |
| Aster EDGEUSDT | +0.0582% | 4h | 0.5944 | +0.058% | $68K | $133K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0594% | 4h | 0.5985 | +0.748% | $3.7M | $5.9M | 20x | as long as short |
| Binance EDGEUSDT | +0.0608% | 4h | 0.5945 | +0.072% | $10.1M | $10.1M | 50x | as long as short |
| MEXC EDGE_USDTshort | +0.0614% | 4h | 0.5974 | +0.563% | $1.2M | $912K | 50x | |
| Extended EDGE-USD | +0.0616% | 1h | 0.5978 | +0.634% | $27K | $224K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0620% | 4h | 0.5955 | +0.236% | $14.2M | $3.5M | 30x | as long as short |
| BloFin EDGE-USDT | +0.0635% | 4h | 0.5940 | −0.010% | $643K | $95K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0776% | 4h | 0.5944 | +0.058% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
Binance EDGEUSDT
Extended EDGE-USD
edgeX EDGEUSDC
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC