Funding you earn now, next payment 12:00 UTC+0.0673%/8h= +73.7% APRnext payment +$3.37 per $10,000 · paid last 24h −0.088%
Price spread now: edgeX against Binance+0.058%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1571.571% of the position
Funding, last 7 days+0.215%+$22 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.058%, 7d avg +0.013%
=Together, before fees+0.183%+ Points / potential airdropedgeX: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and edgeX is 0.045% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.215% in total (about 11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.37 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 | Binance MEITUANUSDT | 9.3500 | 0.0248 | pay 0.0124% / 4h | 3h 43m | $1.2M | $637K | 20x |
| Short | edgeX MEITUANUSDC | 9.3554 | 0.0921 | get 0.0461% / 4h | 3h 43m | $10K | $223K | 10x |
Binance MEITUANUSDT
edgeX MEITUANUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $141.36
- Price spread: +0.058% → +0.013%
- $4.52
- Slippage, 4 orders
- −$138.11
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$11.23
- Costs to cover
- 1.571%
- Break-even
- 7.6 days
Slippage from Binance: live order book, 4 min ago; edgeX: live order book, 53 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 Binance live order book, 4 min ago | 5.34 bp | 32.4 bp −$32 | 368.2 bp −$3,682 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 16.07 bp | 55.8 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
MEITUAN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MEITUANUSDT | 0.0000% | 8h | 9.3600 | +0.107% | $3K | $262 | 20x | as long as short |
| Bybit MEITUANUSDT | 0.0000% | 8h | 9.3900 | +0.428% | $49K | $8K | 25x | as long as short |
| Gate MEITUAN_USDT | 0.0000% | 8h | 9.3710 | +0.225% | $268K | $17K | 25x | as long as short |
| HTX MEITUAN-USDT | 0.0000% | 4h | 9.3600 | +0.107% | $6K | $3K | 10x | as long as short |
| KuCoin MEITUANUSDTM | +0.0100% | 4h | 9.3510 | +0.011% | $19K | $2.8M | 20x | as long as short |
| Bitget MEITUANUSDT | +0.0112% | 8h | 9.3750 | +0.267% | $352K | $197K | 5x | as long as short |
| Binance MEITUANUSDTlong | +0.0248% | 4h | 9.3500 | long leg | $1.2M | $637K | 20x | |
| edgeX MEITUANUSDCshort | +0.0921% | 4h | 9.3554 | +0.058% | $10K | $223K | 10x |
Aster MEITUANUSDT
Bybit MEITUANUSDT
Gate MEITUAN_USDT
HTX MEITUAN-USDT
KuCoin MEITUANUSDTM
Bitget MEITUANUSDT