EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.006%

Price spread now: MEXC against BloFin+0.252%109s7-day average −0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as 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−$830.834% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.542%−$54 · spread now +0.252%, 7d avg −0.070%

Together, before fees−0.528%−$53 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.322% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.070%. The two prices were read 109 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	BloFin EDGE-USDT	0.5946	0.0437	pay 0.0219% / 4h	3h 45m	$660K	$103K	50x
Short	MEXC EDGE_USDT	0.5961	0.0458	get 0.0229% / 4h	3h 45m	$1.1M	$863K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now +0.252%Rate

Funding earned: $4.33
Price spread: +0.252% → −0.070%: $32.21
Slippage, 4 orders: −$63.44
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$46.89
Costs to cover: 0.834%
Break-even: 82.8 days

Slippage from BloFin: live order book, 51 min ago; MEXC: live order book, 1 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 BloFin live order book, 51 min ago	5.87 bp	38.5 bp −$39	168.9 bp −$1,689	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.84 bp	8.5 bp −$8	83.8 bp −$838	257.4 bp −$25.7K	851.2 bp −$425.6K

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	0.5953	+0.119%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5952	+0.101%	$7.2M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5959	+0.219%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5954	+0.135%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5970	+0.397%	$58K	$110K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5955	+0.151%	$191K	$139K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5921	−0.420%	$7K	$2.5M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5957	+0.185%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5924	−0.370%	$3K	$625K	10x	as long as short
BloFin EDGE-USDTlong	+0.0437%	4h	0.5946	long leg	$660K	$103K	50x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDT	+0.0451%	4h	0.5953	+0.126%	$56K	$154K	5x	as long as short
Extended EDGE-USD	+0.0456%	1h	0.5964	+0.300%	$27K	$196K	5x	as long as short
MEXC EDGE_USDTshort	+0.0458%	4h	0.5961	+0.252%	$1.1M	$863K	50x
Binance EDGEUSDT	+0.0458%	4h	0.5963	+0.284%	$10.2M	$10.5M	50x	as long as short
edgeX EDGEUSDC	+0.0527%	4h	0.5951	+0.079%	$14.2M	$3.6M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0539%	4h	0.5973	+0.454%	$3.7M	$5.8M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0565%	4h	0.5961	+0.252%	$3K	$359	10x	as long as short