EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0045%/8h= −5.0% APRnext payment −$0.23 per $10,000 · paid last 24h +0.041%

Price spread now: MEXC against OKX−0.017%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$700.703% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 7 days−0.020%−$2 · spread now −0.017%, 7d avg −0.026%

Together, before fees+0.144%+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.164%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX EDGE-USDT-SWAP	0.6054	0.0553	pay 0.0277% / 4h	2h 02m	$3.8M	$6.2M	20x
Short	MEXC EDGE_USDT	0.6053	0.0508	get 0.0254% / 4h	2h 02m	$1.1M	$823K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$9.55
Price spread: −0.017% → −0.026%: $0.97
Slippage, 4 orders: −$52.27
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$78.84
Costs to cover: 0.703%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; MEXC: 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 OKX live order book, 5 min ago	4.13 bp	25.0 bp −$25	141.5 bp −$1,415	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.83 bp	9.1 bp −$9	76.8 bp −$768	212.6 bp −$21.3K	816.6 bp −$408.3K

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	0.6042	−0.193%	$44K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.6042	−0.198%	$7.3M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.6052	−0.033%	$2.2M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.6041	−0.215%	$4.8M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.6055	+0.020%	$60K	$119K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.6020	−0.562%	$190K	$144K	—	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.6025	−0.479%	$9K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5980	−1.222%	$3K	$636K	10x	as long as short
GRVT EDGE_USDT_Perp	+0.0110%	4h	0.6039	−0.248%	$10K	$2.8M	10x	as long as short
Aster EDGEUSDT	+0.0366%	4h	0.6042	−0.205%	$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_USDTshort	+0.0508%	4h	0.6053	−0.017%	$1.1M	$823K	50x
Extended EDGE-USD	+0.0512%	1h	0.6046	−0.137%	$29K	$89K	5x	as long as short
Binance EDGEUSDT	+0.0513%	4h	0.6047	−0.116%	$10.4M	$10.7M	50x	as long as short
BloFin EDGE-USDT	+0.0528%	4h	0.6058	+0.066%	$661K	$105K	50x	as long as short
edgeX EDGEUSDC	+0.0547%	4h	0.6027	−0.444%	$14.4M	$3.6M	30x	as long as short
OKX EDGE-USDT-SWAPlong	+0.0553%	4h	0.6054	long leg	$3.8M	$6.2M	20x
Orderly PERP_EDGE_USDC	+0.0614%	4h	0.6046	−0.132%	$3K	$1K	10x	as long as short