Funding you earn now, next payment 05:00 UTC+0.0358%/8h= +39.2% APRpaid last 24h +0.096%
Price spread now: MEXC against ApeX Omni−0.519%81s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$357as 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−$3833.834% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 4 days (all we have)+0.365%+$36 · spread now −0.519%, 7d avg −0.023%
=Funding pays, the price is against you. MEXC is 0.496% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.519% now, against its 7-day average of −0.023%). If the spread goes back, that is −$50 on $10k: about 4.6 days of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.263% in total) that is about 13 days. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni EDGEUSDT | 0.5968 | 0.0100 | pay 0.0013% / 1h | 48m 08s | $9K | $305K | 50x |
| Short | MEXC EDGE_USDT | 0.5937 | 0.0458 | get 0.0229% / 4h | 3h 48m | $1.1M | $863K | 50x |
ApeX Omni EDGEUSDT
MEXC EDGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against ApeX Omni. 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
- $75.18
- Price spread: −0.519% → −0.023%
- −$49.64
- Slippage, 4 orders
- −$365.38
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$357.84
- Costs to cover
- 3.834%
- Break-even
- 40.3 days
Slippage from ApeX Omni: live order book, 4 min ago; MEXC: live order book, 2 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 ApeX Omni live order book, 4 min ago | 16.82 bp | 186.5 bp −$187 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.84 bp | 9.1 bp −$9 | 78.9 bp −$789 | 224.1 bp −$22.4K | 710.2 bp −$355.1K |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.5927 | −0.692% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5925 | −0.721% | $7.1M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5924 | −0.737% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5929 | −0.653% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5939 | −0.483% | $58K | $110K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5928 | −0.662% | $188K | $136K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5964 | −0.061% | $12K | $2.5M | 10x | as long as short |
| ApeX Omni EDGEUSDTlong | +0.0100% | 1h | 0.5968 | long leg | $9K | $305K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5898 | −1.173% | $4K | $624K | 10x | as long as short |
| BloFin EDGE-USDT | +0.0413% | 4h | 0.5915 | −0.888% | $656K | $102K | 50x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0439% | 4h | 0.5929 | −0.653% | $57K | $154K | 5x | as long as short |
| Extended EDGE-USD | +0.0456% | 1h | 0.5933 | −0.589% | $27K | $196K | 5x | as long as short |
| MEXC EDGE_USDTshort | +0.0458% | 4h | 0.5937 | −0.519% | $1.1M | $863K | 50x | |
| Binance EDGEUSDT | +0.0458% | 4h | 0.5935 | −0.559% | $10.2M | $10.5M | 50x | as long as short |
| edgeX EDGEUSDC | +0.0497% | 4h | 0.5968 | −0.004% | $14.3M | $3.6M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0527% | 4h | 0.5945 | −0.385% | $3.7M | $5.8M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0557% | 4h | 0.5931 | −0.620% | $3K | $359 | 10x | as long as short |
Aster EDGEUSDT
Extended EDGE-USD
Binance EDGEUSDT
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC