Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance EDGEUSDT0.59820.0454pay 0.0227% / 4h18m 13s$10.3M$10.5M50x
ShortMEXC EDGE_USDT0.59810.0438get 0.0219% / 4h18m 13s$1.1M$899K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago0.83 bp40.4 bp −$40169.2 bp −$1,692doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.83 bp7.0 bp −$765.3 bp −$653241.4 bp −$24.1K801.5 bp −$400.8K

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0086%1h0.5982+0.013%$58K$111K3.3xas long as short
Lighter EDGE+0.0096%1h0.5973−0.151%$44K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5976−0.094%$7.2M$3.4M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5983+0.023%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5981−0.011%$4.8M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5972−0.154%$189K$136Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5979−0.044%$2K$2.3M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5989+0.123%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5943−0.646%$3K$626K10xas long as short
OKX EDGE-USDT-SWAP+0.0404%4h0.5987+0.090%$3.8M$5.9M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0437%4h0.5986+0.076%$14.3M$3.6M30xas long as short
MEXC EDGE_USDTshort+0.0438%4h0.5981−0.011%$1.1M$899K50x
Binance EDGEUSDTlong+0.0454%4h0.5982long leg$10.3M$10.5M50x
Extended EDGE-USD+0.0456%1h0.5980−0.029%$27K$193K5xas long as short
BloFin EDGE-USDT+0.0460%4h0.5984+0.040%$660K$103K50xas long as short
Aster EDGEUSDT+0.0498%4h0.5985+0.060%$60K$152K5xas long as short
Orderly PERP_EDGE_USDC+0.0568%4h0.5983+0.023%$3K10xas long as short