EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0370%/8h= −40.5% APRnext payment −$1.85 per $10,000 · paid last 24h −0.096%

Price spread now: Variational Omni against MEXC−0.152%7-day average −0.064% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.154%−$15 on $10k

Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.152%, 7d avg −0.064%

Together, before fees+0.083%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.087% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.064%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDGE_USDT	0.5959	0.0470	pay 0.0235% / 4h	19m 42s	$1.1M	$761K	50x
Short	Variational Omni EDGE	0.5950	0.0100	get 0.0050% / 4h	19m 42s	$188K	$145K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now −0.152%Rate

Funding earned: −$77.7
Price spread: −0.152% → −0.064%: −$8.73
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$94.43
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 min ago; Variational Omni: RFQ quote, 19 min ago. Net counts fees only.

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, 1 min ago	0.84 bp	5.3 bp −$5	76.8 bp −$768	217.4 bp −$21.7K	767.2 bp −$383.6K
Sell Variational Omni RFQ quote, 19 min ago	5.83 bp	doesn't fit	297.4 bp −$2,974	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	0.5947	−0.196%	$43K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5951	−0.134%	$7.2M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.5962	+0.050%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5960	+0.017%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5958	−0.015%	$58K	$122K	3.3x	as long as short
Variational Omni EDGEshort	+0.0100%	4h	0.5950	−0.152%	$188K	$145K	—
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5964	+0.079%	$488	$3.1M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5977	+0.302%	$9K	$296K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5912	−0.789%	$4K	$646K	10x	as long as short
Aster EDGEUSDT	+0.0282%	4h	0.5963	+0.074%	$52K	$153K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin EDGE-USDT	+0.0428%	4h	0.5955	−0.067%	$670K	$105K	50x	as long as short
edgeX EDGEUSDC	+0.0444%	4h	0.5966	+0.114%	$14.3M	$3.7M	30x	as long as short
MEXC EDGE_USDTlong	+0.0470%	4h	0.5959	long leg	$1.1M	$761K	50x
Extended EDGE-USD	+0.0472%	1h	0.5960	+0.015%	$31K	$269K	5x	as long as short
Binance EDGEUSDT	+0.0472%	4h	0.5961	+0.034%	$10.3M	$11.0M	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0479%	4h	0.5961	+0.034%	$3.8M	$6.1M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0634%	4h	0.5954	−0.084%	$2K	$1K	10x	as long as short