Funding you earn now, next payment 12:00 UTC−0.1669%/8h= −182.7% APRnext payment −$8.34 per $10,000 · paid last 24h −0.274%
Price spread now: MEXC against edgeX+0.145%113s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$253as 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−$1921.919% of the position
Funding, last 7 days−0.610%−$61 on $10k
+Price spread, last 4 days (all we have)−0.391%−$39 · spread now +0.145%, 7d avg −0.009%
=Together, before fees−1.001%+ Points / potential airdropedgeX: Active · farm board−$100 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.154% dearer against edgeX than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of −0.009%): +$15 on $10k if it goes back. Holding the pair costs −$50 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.610% in total) that is about 42 hours. The two prices were read 113 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 -0.610% in total (about -31.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.34 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 LGELUSDC | 155.09 | 0.0713 | pay 0.0356% / 4h | 2h 57m | $13K | $220K | 10x |
| Short | MEXC LGELECTRONICS_USDT | 155.31 | −0.0956 | pay 0.0478% / 4h | 2h 57m | $215K | $137K | 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
- −$350.45
- Price spread: +0.145% → −0.009%
- $15.4
- Slippage, 4 orders
- −$182.9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$526.94
- Costs to cover
- 1.919%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 34 min ago; MEXC: live order book, 8 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, 34 min ago | 15.59 bp | 73.7 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 8 min ago | 12.89 bp | 46.6 bp −$47 | 155.1 bp −$1,551 | doesn't fit | doesn't fit |
LGELECTRONICS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LGELECTRONICSUSDT | −0.4100% | 8h | 155.01 | −0.049% | $37K | $54K | 25x | as long as short |
| Bitget LGELECTRONICSUSDT | −0.2696% | 8h | 155.18 | +0.061% | $243K | $688K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAP | −0.1361% | 8h | 155.00 | −0.055% | $104K | $94K | 20x | as long as short |
| MEXC LGELECTRONICS_USDTshort | −0.0956% | 4h | 155.31 | +0.145% | $215K | $137K | 20x | |
| Binance LGELECTRONICSUSDT | −0.0936% | 4h | 155.02 | −0.042% | $101K | $714K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perp | −0.0714% | 4h | 154.94 | −0.090% | $522 | $166K | 10x | as long as short |
| Gate LGELECTRONICS_USDT | −0.0274% | 4h | 155.15 | +0.042% | $103K | $70K | 20x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 155.09 | +0.003% | $9K | $40K | 10x | as long as short |
| edgeX LGELUSDClong | +0.0713% | 4h | 155.09 | long leg | $13K | $220K | 10x |
edgeX LGELUSDC
MEXC LGELECTRONICS_USDT
Bybit LGELECTRONICSUSDT
Bitget LGELECTRONICSUSDT
OKX LGELECTRONICS-USDT-SWAP
Binance LGELECTRONICSUSDT
GRVT LGELECTRONICS_USDT_Perp
Gate LGELECTRONICS_USDT
HTX LGELECTRONICS-USDT