EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.006%

Price spread now: BloFin against MEXC+0.232%64s7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as 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−$690.687% of the position

Long on MEXC Short on BloFin

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)+0.003%$0 · spread now +0.232%, 7d avg +0.069%

Together, before fees−0.011%−$1 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 BloFin is 0.163% dearer against MEXC than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.069%. The two prices were read 64 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	MEXC EDGE_USDT	0.6044	0.0508	pay 0.0254% / 4h	2h 02m	$1.1M	$823K	50x
Short	BloFin EDGE-USDT	0.6058	0.0528	get 0.0264% / 4h	2h 02m	$661K	$105K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.232%Rate

Funding earned: $4.25
Price spread: +0.232% → +0.069%: $16.31
Slippage, 4 orders: −$48.74
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$48.19
Costs to cover: 0.687%
Break-even: 86.3 days

Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 25 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	0.83 bp	8.4 bp −$8	78.4 bp −$784	192.7 bp −$19.3K	769.7 bp −$384.9K
Sell BloFin live order book, 25 min ago	9.29 bp	25.4 bp −$25	117.8 bp −$1,178	doesn't fit	doesn't fit

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	0.6039	−0.074%	$44K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.6042	−0.033%	$7.3M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.6048	+0.066%	$2.2M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.6040	−0.066%	$4.8M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.6046	+0.038%	$60K	$119K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.6020	−0.398%	$190K	$144K	—	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.6025	−0.314%	$9K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6321	+4.583%	$4K	$637K	10x	as long as short
GRVT EDGE_USDT_Perp	+0.0110%	4h	0.6039	−0.083%	$10K	$2.8M	10x	as long as short
Aster EDGEUSDT	+0.0366%	4h	0.6038	−0.107%	$53K	$156K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EDGE_USDTlong	+0.0508%	4h	0.6044	long leg	$1.1M	$823K	50x
Extended EDGE-USD	+0.0512%	1h	0.6047	+0.045%	$29K	$89K	5x	as long as short
Binance EDGEUSDT	+0.0513%	4h	0.6046	+0.038%	$10.4M	$10.7M	50x	as long as short
BloFin EDGE-USDTshort	+0.0528%	4h	0.6058	+0.232%	$661K	$105K	50x
edgeX EDGEUSDC	+0.0547%	4h	0.6027	−0.279%	$14.4M	$3.6M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0554%	4h	0.6051	+0.116%	$3.8M	$6.2M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0620%	4h	0.6045	+0.017%	$3K	$1K	10x	as long as short