Funding you earn now, next payment 04:00 UTC−0.2612%/8h= −286.0% APRnext payment −$13.06 per $10,000 · paid last 24h −0.228%
Price spread now: MEXC against edgeX+0.177%53s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$249as 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−0.900%−$90 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.177%, 7d avg −0.002%
=Together, before fees−1.232%+ Points / potential airdropedgeX: Active · farm board−$123 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.179% dearer against edgeX than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of −0.002%): +$18 on $10k if it goes back. Holding the pair costs −$78 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.900% in total) that is about 33 hours. 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 -0.900% in total (about -46.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.06 per $10,000. 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 KODEX200USDC | 83.482 | 0.0972 | pay 0.0486% / 4h | 38m 27s | $18K | $234K | 10x |
| Short | MEXC KODEX200_USDT | 83.630 | −0.1640 | pay 0.0820% / 4h | 38m 27s | $123K | $89K | 20x |
Funding 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
- −$548.52
- Price spread: +0.177% → −0.002%
- $17.92
- Slippage, 4 orders
- −$150.31
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$689.91
- Costs to cover
- 1.593%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 19 min ago; MEXC: live order book, 56 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, 19 min ago | 12.56 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 11.99 bp | 57.5 bp −$58 | 251.6 bp −$2,516 | doesn't fit | doesn't fit |
KODEX200 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT KODEX200_USDT_Perp | −0.1798% | 8h | 83.500 | +0.022% | $898 | $108K | 10x | as long as short |
| MEXC KODEX200_USDTshort | −0.1640% | 4h | 83.630 | +0.177% | $123K | $89K | 20x | |
| Binance KODEX200USDT | −0.1638% | 4h | 83.545 | +0.075% | $75K | $93K | 20x | as long as short |
| Bybit KODEX200USDT | 0.0000% | 8h | 83.580 | +0.117% | $33K | $15K | 25x | as long as short |
| Gate KODEX200_USDT | 0.0000% | 4h | 83.310 | −0.206% | $19K | $247 | 20x | as long as short |
| HTX KODEX200-USDT | 0.0000% | 4h | 83.610 | +0.153% | $8K | $335K | 10x | as long as short |
| edgeX KODEX200USDClong | +0.0972% | 4h | 83.482 | long leg | $18K | $234K | 10x |
edgeX KODEX200USDC
MEXC KODEX200_USDT
GRVT KODEX200_USDT_Perp
Binance KODEX200USDT
Bybit KODEX200USDT
Gate KODEX200_USDT
HTX KODEX200-USDT