EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.64 per $10,000 · paid last 24h −0.043%

Price spread now: OKX against MEXC+0.051%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$700.702% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.165%−$16 on $10k

Price spread, last 7 days−0.070%−$7 · spread now +0.051%, 7d avg +0.023%

Together, before fees−0.235%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.028% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.165%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDGE_USDT	0.5881	0.0384	pay 0.0192% / 4h	1h 44m	$1.2M	$919K	50x
Short	OKX EDGE-USDT-SWAP	0.5884	0.0512	get 0.0256% / 4h	1h 44m	$3.6M	$5.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.051%Rate

Funding earned: $26.8
Price spread: +0.051% → +0.023%: $2.82
Slippage, 4 orders: −$52.23
Fee MEXC: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$40.62
Costs to cover: 0.702%
Break-even: 17.6 days

Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 3 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	7.3 bp −$7	61.0 bp −$610	255.5 bp −$25.6K	765.1 bp −$382.6K
Sell OKX live order book, 3 min ago	3.41 bp	30.8 bp −$31	163.1 bp −$1,631	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	0.5859	−0.371%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5863	−0.306%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5859	−0.374%	$4.7M	$991K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5872	−0.150%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5856	−0.426%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5863	−0.306%	$8K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5868	−0.221%	$8K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6134	+4.302%	$4K	$605K	10x	as long as short
KuCoin EDGEUSDTM	+0.0238%	4h	0.5873	−0.136%	$2.1M	$2.3M	50x	as long as short
BloFin EDGE-USDT	+0.0375%	4h	0.5875	−0.102%	$629K	$125K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EDGE-USD	+0.0384%	1h	0.5876	−0.078%	$27K	$230K	5x	as long as short
MEXC EDGE_USDTlong	+0.0384%	4h	0.5881	long leg	$1.2M	$919K	50x
Binance EDGEUSDT	+0.0398%	4h	0.5882	+0.011%	$10.0M	$10.0M	50x	as long as short
Aster EDGEUSDT	+0.0401%	4h	0.5859	−0.380%	$67K	$136K	5x	as long as short
edgeX EDGEUSDC	+0.0450%	4h	0.5865	−0.280%	$14.0M	$3.4M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0476%	4h	0.5871	−0.170%	$3K	—	10x	as long as short
OKX EDGE-USDT-SWAPshort	+0.0512%	4h	0.5884	+0.051%	$3.6M	$5.8M	20x