Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against edgeX−0.053%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)−0.105%−$11 · spread now −0.053%, 7d avg +0.032%
=Together, before fees−0.091%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.085% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ESPUSDC | 0.09419 | 0.0116 | pay 0.0058% / 4h | 7m 26s | $29K | $269K | 10x |
| Short | MEXC ESP_USDT | 0.09414 | 0.0100 | get 0.0050% / 4h | 7m 26s | $1.2M | $106K | 20x |
edgeX ESPUSDC
MEXC ESP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against edgeX. 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
- −$3.38
- Price spread: −0.053% → +0.032%
- −$8.51
- Slippage, 4 orders
- −$29.67
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$54.56
- Costs to cover
- 0.427%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; MEXC: live order book, 3 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 edgeX live order book, 5 min ago | 3.19 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.53 bp | 10.2 bp −$10 | 43.1 bp −$431 | 373.3 bp −$37.3K | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ESPUSDT | +0.0100% | 4h | 0.09419 | 0.000% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09414 | −0.053% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09420 | +0.011% | $597K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09425 | +0.064% | $170K | $619K | 50x | as long as short |
| MEXC ESP_USDTshort | +0.0100% | 4h | 0.09414 | −0.053% | $1.2M | $106K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09419 | 0.000% | $1.5M | $53K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09422 | +0.033% | $951K | $134K | 20x | as long as short |
| edgeX ESPUSDClong | +0.0116% | 4h | 0.09419 | long leg | $29K | $269K | 10x | |
| BloFin ESP-USDT | +0.0133% | 4h | 0.09408 | −0.117% | $121K | $35K | 25x | as long as short |
| BingX ESP-USDT | +0.2106% | 4h | 0.09414 | −0.053% | — | $1.7M | — | as long as short |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
BloFin ESP-USDT
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.2162% | 4h | 0.09397 | −0.233% | $1.1M | $598K | 50x | as long as short |
Bybit ESPUSDT