EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h +0.011%

Price spread now: Aster against MEXC+0.112%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$194as in the Price arb table

costs, in and out, $10k−$2042.044% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.015%+$1 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.112%, 7d avg +0.013%

Together, before fees−0.089%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.100% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDGE_USDT	0.5904	0.0490	pay 0.0245% / 4h	2h 02m	$1.1M	$913K	50x
Short	Aster EDGEUSDT	0.5911	0.0505	get 0.0253% / 4h	2h 02m	$68K	$132K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.112%Rate

Funding earned: $3.17
Price spread: +0.112% → +0.013%: $9.99
Slippage, 4 orders: −$188.36
Fee MEXC: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$191.2
Costs to cover: 2.044%
Break-even: 429.1 days

Slippage from MEXC: live order book, 4 min ago; Aster: live order book, 64 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 MEXC live order book, 4 min ago	0.85 bp	11.2 bp −$11	67.5 bp −$675	252.5 bp −$25.3K	812.4 bp −$406.2K
Sell Aster live order book, 64 min ago	4.99 bp	38.3 bp −$38	doesn't fit	doesn't fit	doesn't fit

EDGE on 16 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	0.5892	−0.210%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5897	−0.119%	$7.0M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5904	0.000%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5903	−0.017%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5909	+0.090%	$58K	$104K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5887	−0.280%	$189K	$131K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5903	−0.015%	$4K	$2.0M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5896	−0.136%	$9K	$303K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5864	−0.678%	$3K	$617K	10x	as long as short
edgeX EDGEUSDC	+0.0431%	4h	0.5892	−0.210%	$14.1M	$3.6M	30x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0457%	4h	0.5912	+0.136%	$3.6M	$5.8M	20x	as long as short
MEXC EDGE_USDTlong	+0.0490%	4h	0.5904	long leg	$1.1M	$913K	50x
Binance EDGEUSDT	+0.0493%	4h	0.5906	+0.029%	$10.1M	$10.3M	50x	as long as short
Extended EDGE-USD	+0.0496%	1h	0.5904	+0.001%	$27K	$195K	5x	as long as short
Aster EDGEUSDTshort	+0.0505%	4h	0.5911	+0.112%	$68K	$132K	5x
Orderly PERP_EDGE_USDC	+0.0700%	4h	0.5906	+0.034%	$3K	—	10x	as long as short