Funding you earn now, next payment 12:00 UTC−0.0594%/8h= −65.1% APRnext payment −$2.97 per $10,000 · paid last 24h +0.088%
Price spread now: Binance against edgeX−0.020%110s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$368as 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−$3473.466% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.020%, 7d avg −0.012%
=Together, before fees−0.198%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate. The two prices were read 110 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 -0.215% in total (about -11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.97 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MEITUANUSDC | 9.3631 | 0.0594 | pay 0.0297% / 4h | 2h 17m | $10K | $222K | 10x |
| Short | Binance MEITUANUSDT | 9.3612 | 0 | get 0.0000% / 4h | 2h 17m | $1.2M | $613K | 20x |
edgeX MEITUANUSDC
Binance MEITUANUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$124.81
- Price spread: −0.020% → −0.012%
- −$0.82
- Slippage, 4 orders
- −$327.58
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$472.21
- Costs to cover
- 3.466%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 32 min ago; Binance: 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, 32 min ago | 21.37 bp | 135.7 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 5.34 bp | 31.2 bp −$31 | 228.3 bp −$2,283 | doesn't fit | doesn't fit |
MEITUAN on 8 exchanges
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 | 9.3609 | −0.024% | $3K | $262 | 20x | as long as short |
| Binance MEITUANUSDTshort | 0.0000% | 4h | 9.3612 | −0.020% | $1.2M | $613K | 20x | |
| Bybit MEITUANUSDT | 0.0000% | 8h | 9.3800 | +0.181% | $49K | $5K | 25x | as long as short |
| Gate MEITUAN_USDT | 0.0000% | 8h | 9.3790 | +0.170% | $269K | $16K | 25x | as long as short |
| Bitget MEITUANUSDT | 0.0000% | 8h | 9.3760 | +0.138% | $355K | $194K | 5x | as long as short |
| HTX MEITUAN-USDT | 0.0000% | 4h | 9.3700 | +0.074% | $6K | $2K | 10x | as long as short |
| KuCoin MEITUANUSDTM | +0.0100% | 4h | 9.3340 | −0.311% | $21K | $2.8M | 20x | as long as short |
| edgeX MEITUANUSDClong | +0.0594% | 4h | 9.3631 | long leg | $10K | $222K | 10x |
Aster MEITUANUSDT
Bybit MEITUANUSDT
Gate MEITUAN_USDT
Bitget MEITUANUSDT
HTX MEITUAN-USDT
KuCoin MEITUANUSDTM