Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against Binance−0.011%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now −0.011%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance EDGEUSDT | 0.5982 | 0.0454 | pay 0.0227% / 4h | 18m 13s | $10.3M | $10.5M | 50x |
| Short | MEXC EDGE_USDT | 0.5981 | 0.0438 | get 0.0219% / 4h | 18m 13s | $1.1M | $899K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- −$3.45
- Price spread: −0.011% → −0.005%
- −$0.55
- Slippage, 4 orders
- −$67.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$89.8
- Costs to cover
- 0.858%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 3 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 Binance live order book, 7 min ago | 0.83 bp | 40.4 bp −$40 | 169.2 bp −$1,692 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.83 bp | 7.0 bp −$7 | 65.3 bp −$653 | 241.4 bp −$24.1K | 801.5 bp −$400.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0086% | 1h | 0.5982 | +0.013% | $58K | $111K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5973 | −0.151% | $44K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5976 | −0.094% | $7.2M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5983 | +0.023% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5981 | −0.011% | $4.8M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5972 | −0.154% | $189K | $136K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5979 | −0.044% | $2K | $2.3M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5989 | +0.123% | $9K | $305K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5943 | −0.646% | $3K | $626K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0404% | 4h | 0.5987 | +0.090% | $3.8M | $5.9M | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDC | +0.0437% | 4h | 0.5986 | +0.076% | $14.3M | $3.6M | 30x | as long as short |
| MEXC EDGE_USDTshort | +0.0438% | 4h | 0.5981 | −0.011% | $1.1M | $899K | 50x | |
| Binance EDGEUSDTlong | +0.0454% | 4h | 0.5982 | long leg | $10.3M | $10.5M | 50x | |
| Extended EDGE-USD | +0.0456% | 1h | 0.5980 | −0.029% | $27K | $193K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0460% | 4h | 0.5984 | +0.040% | $660K | $103K | 50x | as long as short |
| Aster EDGEUSDT | +0.0498% | 4h | 0.5985 | +0.060% | $60K | $152K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0568% | 4h | 0.5983 | +0.023% | $3K | — | 10x | as long as short |
Binance EDGEUSDT
MEXC EDGE_USDT
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC
Extended EDGE-USD
BloFin EDGE-USDT
Aster EDGEUSDT