Funding you earn now, next payment 04:00 UTC−0.0382%/8h= −41.8% APRnext payment −$1.91 per $10,000 · paid last 24h −0.079%
Price spread now: Bitget against MEXC−0.152%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$940.937% of the position
Funding, last 7 days−0.245%−$25 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.152%, 7d avg −0.120%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bitget is 0.033% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.245% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.91 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 | MEXC EDGE_USDT | 0.5919 | 0.0482 | pay 0.0241% / 4h | 2h 04m | $1.1M | $913K | 50x |
| Short | Bitget EDGEUSDT | 0.5910 | 0.0100 | get 0.0050% / 4h | 2h 04m | $4.7M | $1.1M | 20x |
MEXC EDGE_USDT
Bitget EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$80.22
- Price spread: −0.152% → −0.120%
- −$3.25
- Slippage, 4 orders
- −$73.73
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$177.2
- Costs to cover
- 0.937%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 4 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 | 0.85 bp | 11.2 bp −$11 | 67.5 bp −$675 | 252.5 bp −$25.3K | 812.4 bp −$406.2K |
| Sell Bitget live order book, 4 min ago | 7.64 bp | 37.4 bp −$37 | 165.5 bp −$1,655 | 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 | 0.5908 | −0.179% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5914 | −0.084% | $7.1M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5916 | −0.051% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDTshort | +0.0100% | 4h | 0.5910 | −0.152% | $4.7M | $1.1M | 20x | |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5920 | +0.019% | $58K | $105K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5887 | −0.533% | $189K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5875 | −0.738% | $7K | $2.0M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5896 | −0.389% | $9K | $303K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5875 | −0.743% | $3K | $617K | 10x | as long as short |
| edgeX EDGEUSDC | +0.0431% | 4h | 0.5892 | −0.463% | $14.1M | $3.6M | 30x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
edgeX EDGEUSDCShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0453% | 4h | 0.5925 | +0.101% | $3.7M | $5.8M | 20x | as long as short |
| MEXC EDGE_USDTlong | +0.0482% | 4h | 0.5919 | long leg | $1.1M | $913K | 50x | |
| Binance EDGEUSDT | +0.0487% | 4h | 0.5923 | +0.071% | $10.1M | $10.3M | 50x | as long as short |
| Extended EDGE-USD | +0.0488% | 1h | 0.5916 | −0.048% | $27K | $195K | 5x | as long as short |
| Aster EDGEUSDT | +0.0493% | 4h | 0.5921 | +0.039% | $68K | $132K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0703% | 4h | 0.5916 | −0.051% | $3K | — | 10x | as long as short |
OKX EDGE-USDT-SWAP
Binance EDGEUSDT
Extended EDGE-USD
Aster EDGEUSDT
Orderly PERP_EDGE_USDC