Funding you earn now, next payment 08:00 UTC+0.0377%/8h= +41.3% APRpaid last 24h −0.024%
Price spread now: edgeX against MEXC−0.021%83s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as 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−$360.358% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.021%, 7d avg +0.010%
=Together, before fees+0.131%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.030% cheaper against MEXC than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.010%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.111% in total) that is about 46 hours. The two prices were read 83 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 0.111% in total (about 5.8% 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 EWJ_USDT | 97.750 | 0 | get 0.0000% / 8h | 16m 06s | $403K | $106K | 20x |
| Short | edgeX EWJUSDC | 97.730 | 0.0377 | get 0.0189% / 4h | 16m 06s | $596K | $233K | 20x |
MEXC EWJ_USDT
edgeX EWJUSDCFunding 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
- $79.24
- Price spread: −0.021% → +0.010%
- −$3.02
- Slippage, 4 orders
- −$26.84
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $40.38
- Costs to cover
- 0.358%
- Break-even
- 3.4 days
Slippage from MEXC: live order book, 60 min ago; edgeX: live order book, 23 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, 60 min ago | 1.02 bp | 5.4 bp −$5 | 15.4 bp −$154 | 60.2 bp −$6,018 | 152.0 bp −$76.0K |
| Sell edgeX live order book, 23 min ago | 6.65 bp | 11.8 bp −$12 | 22.5 bp −$225 | doesn't fit | doesn't fit |
EWJ on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EWJ_USDT | −0.0151% | 8h | 97.710 | −0.041% | $345K | $194K | 25x | as long as short |
| BloFin EWJ-USDT | −0.0024% | 8h | 97.710 | −0.041% | $43K | $68K | 20x | as long as short |
| Aster EWJUSDT | 0.0000% | 8h | 97.686 | −0.065% | $15K | $962 | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 97.756 | +0.006% | $1.1M | $867K | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 97.710 | −0.041% | $191K | $24K | 25x | as long as short |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 97.700 | −0.051% | $296K | $113K | 20x | as long as short |
| MEXC EWJ_USDTlong | 0.0000% | 8h | 97.750 | long leg | $403K | $106K | 20x | |
| Bitget EWJUSDT | 0.0000% | 8h | 97.730 | −0.020% | $745K | $143K | 20x | as long as short |
| Variational Omni EWJ | 0.0000% | 8h | 97.758 | +0.008% | $110K | $22K | — | as long as short |
| GRVT EWJ_USDT_Perp | 0.0000% | 8h | 97.732 | −0.018% | $627K | $403K | 10x | as long as short |
Gate EWJ_USDT
BloFin EWJ-USDT
Aster EWJUSDT
Binance EWJUSDT
Bybit EWJUSDT
OKX EWJ-USDT-SWAP
Bitget EWJUSDT
Variational Omni EWJ
GRVT EWJ_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWJ-USDT | 0.0000% | 8h | 97.703 | −0.048% | $1K | $1.4M | 20x | as long as short |
| HTX EWJ-USDT | 0.0000% | 8h | 97.524 | −0.231% | $8K | $38K | 20x | as long as short |
| tradeXYZ xyz:EWJ | +0.0075% | 1h | 97.742 | −0.008% | $1.5M | $545K | 20x | as long as short |
| KuCoin EWJUSDTM | +0.0100% | 8h | 97.660 | −0.092% | $150K | $1.0M | 20x | as long as short |
| Hotstuff EWJ-PERP | +0.0160% | 1h | 97.740 | −0.010% | $34K | — | 20x | as long as short |
| edgeX EWJUSDCshort | +0.0377% | 4h | 97.730 | −0.021% | $596K | $233K | 20x |
SunX EWJ-USDT
HTX EWJ-USDT
tradeXYZ xyz:EWJ
KuCoin EWJUSDTM
Hotstuff EWJ-PERP