Funding you earn now, next payment 08:00 UTC−0.0979%/8h= −107.2% APRpaid last 24h +0.049%
Price spread now: edgeX against MEXC+0.093%68s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as 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−$1451.449% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.093%, 7d avg +0.002%
=Together, before fees−0.043%+ Points / potential airdropedgeX: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.091% dearer against MEXC than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of +0.002%): +$9 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 7 hours. The two prices were read 68 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 0.008% in total (about 0.4% 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 GDX_USDT | 93.850 | 0 | get 0.0000% / 8h | 1h 50m | $837K | $87K | 20x |
| Short | edgeX GDXUSDC | 93.937 | −0.0979 | pay 0.0490% / 4h | 1h 50m | $95K | $225K | 10x |
MEXC GDX_USDT
edgeX GDXUSDCFunding 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
- −$205.63
- Price spread: +0.093% → +0.002%
- $9.07
- Slippage, 4 orders
- −$135.86
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$341.42
- Costs to cover
- 1.449%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 50 min ago; edgeX: live order book, 57 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, 50 min ago | 1.06 bp | 49.0 bp −$49 | 168.9 bp −$1,689 | 210.2 bp −$21.0K | doesn't fit |
| Sell edgeX live order book, 57 min ago | 4.76 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | 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 GDXUSDCshort | −0.0979% | 4h | 93.937 | +0.093% | $95K | $225K | 10x | |
| Binance GDXUSDT | 0.0000% | 8h | 93.945 | +0.101% | $423K | $269K | 20x | as long as short |
| Bybit GDXUSDT | 0.0000% | 8h | 93.840 | −0.011% | $247K | $47K | 25x | as long as short |
| Gate GDX_USDT | 0.0000% | 8h | 93.960 | +0.117% | $167K | $140K | 20x | as long as short |
| MEXC GDX_USDTlong | 0.0000% | 8h | 93.850 | long leg | $837K | $87K | 20x | |
| Bitget GDXUSDT | 0.0000% | 8h | 93.970 | +0.128% | $274K | $368K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 93.980 | +0.139% | $8K | $320K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 93.730 | −0.128% | — | — | 25x | as long as short |
Binance GDXUSDT
Bybit GDXUSDT
Gate GDX_USDT
Bitget GDXUSDT
HTX GDX-USDT
Vest GDX-USD-PERP