EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0450%/8h= +49.3% APRnext payment +$2.25 per $10,000 · paid last 24h +0.076%

Price spread now: MEXC against KuCoin+0.117%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$312as in the Funding arb table

Net, price: spread back to 7d avg − costs−$326as in the Price arb table

costs, in and out, $10k−$3363.362% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.243%+$24 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.117%, 7d avg +0.012%

Together, before fees+0.203%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and MEXC is 0.105% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.012%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.243% in total (about 12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.25 per $10,000. 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	KuCoin EDGEUSDTM	0.5980	0.0100	pay 0.0050% / 4h	3h 25m	$2.1M	$2.2M	50x
Short	MEXC EDGE_USDT	0.5987	0.0550	get 0.0275% / 4h	3h 25m	$1.2M	$913K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now +0.117%Rate

Funding earned: $94.5
Price spread: +0.117% → +0.012%: $10.52
Slippage, 4 orders: −$316.2
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$231.18
Costs to cover: 3.362%
Break-even: 24.1 days

Slippage from KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago	5.85 bp	175.8 bp −$176	970.4 bp −$9,704	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.83 bp	7.4 bp −$7	76.8 bp −$768	248.4 bp −$24.8K	774.4 bp −$387.2K

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	−0.0004%	1h	0.5984	+0.059%	$57K	$101K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5973	−0.112%	$50K	$14K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5977	−0.050%	$7.1M	$3.3M	25x	as long as short
KuCoin EDGEUSDTMlong	+0.0100%	4h	0.5980	long leg	$2.1M	$2.2M	50x
Bitget EDGEUSDT	+0.0100%	4h	0.5973	−0.117%	$4.8M	$1.0M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5973	−0.117%	$191K	$127K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5980	0.000%	$10K	$1.9M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5990	+0.167%	$9K	$293K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5942	−0.635%	$3K	$615K	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0452%	4h	0.5986	+0.100%	$3.7M	$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	+0.0478%	4h	0.5975	−0.079%	$14.3M	$3.6M	30x	as long as short
Aster EDGEUSDT	+0.0538%	4h	0.5985	+0.092%	$69K	$133K	5x	as long as short
Extended EDGE-USD	+0.0544%	1h	0.5984	+0.061%	$27K	$218K	5x	as long as short
Binance EDGEUSDT	+0.0547%	4h	0.5988	+0.131%	$10.2M	$10.2M	50x	as long as short
MEXC EDGE_USDTshort	+0.0550%	4h	0.5987	+0.117%	$1.2M	$913K	50x
BloFin EDGE-USDT	+0.0577%	4h	0.5986	+0.100%	$651K	$95K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0768%	4h	0.5984	+0.067%	$3K	—	10x	as long as short