Funding you earn now, next payment 12:00 UTC+0.2003%/8h= +219.3% APRpaid last 24h +0.289%
Price spread now: MEXC against edgeX+0.023%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1981.975% of the position
Funding, last 7 days+0.250%+$25 on $10k
+Price spread, last 4 days (all we have)+0.712%+$71 · spread now +0.023%, 7d avg −0.036%
=Together, before fees+0.962%+ Points / potential airdropedgeX: Active · farm board+$96 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$60 a day on $10k at the current rate, and MEXC is 0.060% dearer against edgeX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.036%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.250% in total (about 13.0% 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 | edgeX SKDDUSDC | 7.1263 | −0.0884 | get 0.0442% / 4h | 3h 43m | $8K | $163K | 10x |
| Short | MEXC SKDD_USDT | 7.1280 | 0.1119 | get 0.1119% / 8h | 7h 43m | $873K | $133K | 20x |
edgeX SKDDUSDC
MEXC SKDD_USDTFunding 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
- $420.66
- Price spread: +0.023% → −0.036%
- $5.98
- Slippage, 4 orders
- −$188.54
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $229.09
- Costs to cover
- 1.975%
- Break-even
- 3.2 days
Slippage from edgeX: live order book, 53 min ago; MEXC: live order book, 47 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, 53 min ago | 9.22 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 14.19 bp | 68.6 bp −$69 | 236.8 bp −$2,368 | 271.9 bp −$27.2K | doesn't fit |
SKDD 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKDDUSDClong | −0.0884% | 4h | 7.1263 | long leg | $8K | $163K | 10x | |
| Binance SKDDUSDT | 0.0000% | 8h | 7.1310 | +0.065% | $351K | $1.3M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 7.1200 | −0.089% | $56K | $177K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 7.1190 | −0.103% | $387K | $1.0M | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 7.1510 | +0.346% | $121K | $30K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 7.1300 | +0.052% | $700K | $103K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 7.1460 | +0.276% | $3K | $41K | 20x | as long as short |
| MEXC SKDD_USDTshort | +0.1119% | 8h | 7.1280 | +0.023% | $873K | $133K | 20x | |
| Bitget SKDDUSDT | +0.2509% | 8h | 7.1070 | −0.271% | $182K | $231K | 20x | as long as short |
Binance SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Gate SKDD_USDT
Phemex SKDDUSDT
HTX SKDD-USDT
Bitget SKDDUSDT