EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.001%

Price spread now: Binance against MEXC−0.017%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$850.845% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.017%, 7d avg +0.005%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.022% cheaper against MEXC than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDGE_USDT	0.5912	0.0502	pay 0.0251% / 4h	1h 51m	$1.1M	$684K	50x
Short	Binance EDGEUSDT	0.5911	0.0490	get 0.0245% / 4h	1h 51m	$10.3M	$10.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.017%Rate

Funding earned: −$2.43
Price spread: −0.017% → +0.005%: −$2.18
Slippage, 4 orders: −$66.53
Fee MEXC: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$89.15
Costs to cover: 0.845%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 11 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, 2 min ago	0.84 bp	9.5 bp −$10	78.2 bp −$782	277.9 bp −$27.8K	860.9 bp −$430.5K
Sell Binance live order book, 11 min ago	1.69 bp	34.2 bp −$34	147.9 bp −$1,479	doesn't fit	doesn't fit

EDGE on 17 exchanges

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	0.5902	−0.166%	$43K	$18K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5910	−0.034%	$7.1M	$3.2M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5917	+0.085%	$4.7M	$1.0M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5929	+0.287%	$187K	$140K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5935	+0.388%	$2K	$3.6M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5938	+0.440%	$9K	$274K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5888	−0.406%	$3K	$617K	10x	as long as short
KuCoin EDGEUSDTM	+0.0182%	4h	0.5920	+0.135%	$2.1M	$2.2M	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0382%	4h	0.5910	−0.034%	$3.7M	$5.6M	20x	as long as short
Aster EDGEUSDT	+0.0428%	4h	0.5918	+0.102%	$59K	$144K	5x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDC	+0.0436%	4h	0.5937	+0.420%	$14.3M	$3.8M	30x	as long as short
Binance EDGEUSDTshort	+0.0490%	4h	0.5911	−0.017%	$10.3M	$10.5M	50x
MEXC EDGE_USDTlong	+0.0502%	4h	0.5912	long leg	$1.1M	$684K	50x
Extended EDGE-USD	+0.0504%	1h	0.5909	−0.050%	$27K	$272K	5x	as long as short
Backpack EDGE_USDC_PERP	+0.0512%	1h	0.5915	+0.042%	$60K	$114K	3.3x	as long as short
BloFin EDGE-USDT	+0.0518%	4h	0.5928	+0.271%	$672K	$105K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0644%	4h	0.5914	+0.034%	$2K	$1K	10x	as long as short