Funding you earn now, next payment 12:00 UTC+0.0661%/8h= +72.4% APRpaid last 24h −0.056%
Price spread now: MEXC against edgeX−0.246%83s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as 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−$1591.593% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.246%, 7d avg −0.004%
=Together, before fees+0.106%+ Points / potential airdropedgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.242% cheaper against edgeX than usual: you would sell low and buy high (spread −0.246% now, against its 7-day average of −0.004%). If the spread goes back, that is −$24 on $10k: about 29 hours of funding at the current rate (+$20 a day). 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 -0.039% in total (about -2.0% 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 | edgeX GDXUSDC | 93.179 | −0.0661 | get 0.0330% / 4h | 3h 26m | $95K | $226K | 10x |
| Short | MEXC GDX_USDT | 92.950 | 0 | get 0.0000% / 8h | 7h 26m | $827K | $89K | 20x |
edgeX GDXUSDC
MEXC GDX_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
- $138.77
- Price spread: −0.246% → −0.004%
- −$24.21
- Slippage, 4 orders
- −$150.3
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$44.74
- Costs to cover
- 1.593%
- Break-even
- 9.3 days
Slippage from edgeX: live order book, 6 min ago; MEXC: live order book, 64 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, 6 min ago | 7.51 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 64 min ago | 8.53 bp | 49.5 bp −$50 | 173.4 bp −$1,734 | 220.5 bp −$22.0K | doesn't fit |
GDX on 8 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 GDXUSDClong | −0.0661% | 4h | 93.179 | long leg | $95K | $226K | 10x | |
| Bitget GDXUSDT | −0.0055% | 8h | 92.850 | −0.353% | $319K | $406K | 20x | as long as short |
| Binance GDXUSDT | 0.0000% | 8h | 93.001 | −0.192% | $443K | $306K | 20x | as long as short |
| Bybit GDXUSDT | 0.0000% | 8h | 92.950 | −0.246% | $252K | $59K | 25x | as long as short |
| Gate GDX_USDT | 0.0000% | 8h | 92.940 | −0.257% | $145K | $179K | 20x | as long as short |
| MEXC GDX_USDTshort | 0.0000% | 8h | 92.950 | −0.246% | $827K | $89K | 20x | |
| HTX GDX-USDT | 0.0000% | 8h | 93.020 | −0.171% | $8K | $318K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 92.790 | −0.418% | — | — | 25x | as long as short |
Bitget GDXUSDT
Binance GDXUSDT
Bybit GDXUSDT
Gate GDX_USDT
HTX GDX-USDT
Vest GDX-USD-PERP