Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against MEXC+0.150%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.150%, 7d avg −0.030%
=Together, before fees−0.006%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.180% dearer against MEXC than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ESP_USDT | 0.09407 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $1.3M | $124K | 20x |
| Short | edgeX ESPUSDC | 0.09421 | 0.0114 | get 0.0057% / 4h | 2h 38m | $29K | $266K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $3.04
- Price spread: +0.150% → −0.030%
- $17.99
- Slippage, 4 orders
- −$29.29
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$21.26
- Costs to cover
- 0.423%
- Break-even
- 55.9 days
Slippage from MEXC: live order book, 2 min ago; edgeX: live order book, 9 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 MEXC live order book, 2 min ago | 0.53 bp | 9.5 bp −$10 | 55.8 bp −$558 | 376.7 bp −$37.7K | doesn't fit |
| Sell edgeX live order book, 9 min ago | 3.19 bp | 11.7 bp −$12 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0036% | 4h | 0.09408 | +0.011% | — | $1.7M | — | as long as short |
| BloFin ESP-USDT | +0.0057% | 4h | 0.09404 | −0.032% | $124K | $33K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09412 | +0.049% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09406 | −0.016% | $2.4M | $4.0M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09416 | +0.096% | $597K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09417 | +0.106% | $187K | $591K | 50x | as long as short |
| MEXC ESP_USDTlong | +0.0100% | 4h | 0.09407 | long leg | $1.3M | $124K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09421 | +0.149% | $1.5M | $44K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09414 | +0.079% | $946K | $128K | 20x | as long as short |
| edgeX ESPUSDCshort | +0.0114% | 4h | 0.09421 | +0.150% | $29K | $266K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0923% | 4h | 0.09401 | −0.064% | $1.1M | $630K | 50x | as long as short |
MEXC ESP_USDT
edgeX ESPUSDC
BingX ESP-USDT
BloFin ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
Bybit ESPUSDT