Funding you earn now, next payment 08:00 UTC+0.2050%/8h= +224.5% APRpaid last 24h +0.181%
Price spread now: MEXC against edgeX−0.081%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs+$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$880.880% of the position
Funding, last 7 days+1.411%+$141 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.081%, 7d avg −0.049%
=Together, before fees+1.481%+ Points / potential airdropedgeX: Active · farm board+$148 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.031% cheaper against edgeX than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.049%). If the spread goes back, that is −$3 on $10k: about 1 hour of funding at the current rate (+$61 a day). At the pace of the last 7 days (+1.411% in total) that is about 4 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.411% in total (about 73.6% 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 TMFUSDC | 29.984 | −0.0968 | get 0.0484% / 4h | 2h 50m | $13K | $286K | 10x |
| Short | MEXC TMF_USDT | 29.960 | 0.1082 | get 0.1082% / 8h | 2h 50m | $636K | $89K | 20x |
edgeX TMFUSDC
MEXC TMF_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
- $430.47
- Price spread: −0.081% → −0.049%
- −$3.11
- Slippage, 4 orders
- −$78.98
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $339.39
- Costs to cover
- 0.880%
- Break-even
- 1.5 days
Slippage from edgeX: live order book, 62 min ago; MEXC: live order book, 54 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, 62 min ago | 11.69 bp | 23.6 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 54 min ago | 1.67 bp | 13.6 bp −$14 | 126.7 bp −$1,267 | 201.8 bp −$20.2K | 282.2 bp −$141.1K |
TMF 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 TMFUSDClong | −0.0968% | 4h | 29.984 | long leg | $13K | $286K | 10x | |
| Bybit TMFUSDT | 0.0000% | 8h | 29.950 | −0.114% | $163K | $53K | 25x | as long as short |
| Gate TMF_USDT | 0.0000% | 8h | 29.930 | −0.181% | $51K | $7K | 20x | as long as short |
| Bitget TMFUSDT | 0.0000% | 8h | 29.930 | −0.181% | $160K | $86K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 29.990 | +0.020% | $9K | $254K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0801% | 8h | 29.970 | −0.047% | $149K | $138K | 20x | as long as short |
| Variational Omni TMF | +0.1018% | 8h | 29.985 | +0.002% | $28K | $5K | — | as long as short |
| MEXC TMF_USDTshort | +0.1082% | 8h | 29.960 | −0.081% | $636K | $89K | 20x | |
| Binance TMFUSDT | +0.1091% | 8h | 29.989 | +0.017% | $1.2M | $500K | 25x | as long as short |
Bybit TMFUSDT
Gate TMF_USDT
Bitget TMFUSDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Variational Omni TMF
Binance TMFUSDT