Funding you earn now, next payment 12:00 UTC−0.1722%/8h= −188.6% APRpaid last 24h −0.289%
Price spread now: edgeX against MEXC−0.219%98s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$223as 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−$1981.975% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 4 days (all we have)−0.516%−$52 · spread now −0.219%, 7d avg +0.036%
=Together, before fees−0.766%+ Points / potential airdropedgeX: Active · farm board−$77 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$52 a day on $10k at the current rate, and edgeX is 0.256% cheaper against MEXC than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.036%). Swap the legs. The two prices were read 98 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 -0.250% 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 | MEXC SKDD_USDT | 7.1420 | 0.0838 | pay 0.0838% / 8h | 7h 41m | $874K | $133K | 20x |
| Short | edgeX SKDDUSDC | 7.1263 | −0.0884 | pay 0.0442% / 4h | 3h 41m | $8K | $163K | 10x |
MEXC SKDD_USDT
edgeX SKDDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against MEXC. 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
- −$361.65
- Price spread: −0.219% → +0.036%
- −$25.57
- Slippage, 4 orders
- −$188.54
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$584.76
- Costs to cover
- 1.975%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 49 min ago; edgeX: live order book, 55 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 MEXC live order book, 49 min ago | 14.19 bp | 51.9 bp −$52 | 137.7 bp −$1,377 | 171.6 bp −$17.2K | doesn't fit |
| Sell edgeX live order book, 55 min ago | 9.22 bp | 55.2 bp −$55 | doesn't fit | doesn't fit | 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 SKDDUSDCshort | −0.0884% | 4h | 7.1263 | −0.219% | $8K | $163K | 10x | |
| Binance SKDDUSDT | 0.0000% | 8h | 7.1447 | +0.038% | $352K | $1.3M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 7.1400 | −0.028% | $56K | $177K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 7.1560 | +0.196% | $388K | $1.0M | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 7.1540 | +0.168% | $123K | $31K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 7.1400 | −0.028% | $701K | $103K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 7.1460 | +0.056% | $3K | $41K | 20x | as long as short |
| MEXC SKDD_USDTlong | +0.0838% | 8h | 7.1420 | long leg | $874K | $133K | 20x | |
| Bitget SKDDUSDT | +0.2502% | 8h | 7.1190 | −0.322% | $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