Funding you earn now, next payment 04:00 UTC−0.0834%/8h= −91.3% APRpaid last 24h −0.027%
Price spread now: edgeX against MEXC+0.202%53s7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$232as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2032.032% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 3 days (all we have)−0.045%−$5 · spread now +0.202%, 7d avg +0.100%
=Together, before fees−0.329%+ Points / potential airdropedgeX: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.102% dearer against MEXC than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of +0.100%): +$10 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.283% in total) that is about 2.5 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.283% in total (about -14.8% a year). A funding rate is set anew for every payment. 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 BITO_USDT | 11.640 | 0.0659 | pay 0.0659% / 8h | 7h 54m | $123K | $84K | 20x |
| Short | edgeX BITOUSDC | 11.664 | −0.0175 | pay 0.0087% / 4h | 3h 54m | $24K | $267K | 10x |
MEXC BITO_USDT
edgeX BITOUSDCFunding 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
- −$175.06
- Price spread: +0.202% → +0.100%
- $10.19
- Slippage, 4 orders
- −$194.23
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$368.1
- Costs to cover
- 2.032%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 64 min ago; edgeX: live order book, 18 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, 64 min ago | 25.77 bp | 54.1 bp −$54 | 143.3 bp −$1,433 | 243.9 bp −$24.4K | 321.2 bp −$160.6K |
| Sell edgeX live order book, 18 min ago | 17.15 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
BITO on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BITOUSDCshort | −0.0175% | 4h | 11.664 | +0.202% | $24K | $267K | 10x | |
| Bybit BITOUSDT | 0.0000% | 8h | 11.661 | +0.180% | $37K | $39K | 25x | as long as short |
| Gate BITO_USDT | 0.0000% | 8h | 11.637 | −0.026% | $29K | $31K | 20x | as long as short |
| Bitget BITOUSDT | 0.0000% | 8h | 11.631 | −0.077% | $759K | $746K | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.670 | +0.258% | $5K | $283K | 10x | as long as short |
| MEXC BITO_USDTlong | +0.0659% | 8h | 11.640 | long leg | $123K | $84K | 20x | |
| Binance BITOUSDT | +0.0661% | 8h | 11.663 | +0.199% | $260K | $2.0M | 25x | as long as short |
Bybit BITOUSDT
Gate BITO_USDT
Bitget BITOUSDT
HTX BITO-USDT
Binance BITOUSDT