EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0127%/8h= −13.9% APRnext payment −$0.63 per $10,000 · paid last 24h −0.025%

Price spread now: MEXC against Orderly+0.199%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. MEXC is 0.199% dearer against Orderly than usual: you sell high and buy low (spread +0.199% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_EDGE_USDC	0.6018	0.0621	pay 0.0310% / 4h	1h 49m	$3K	$1K	10x
Short	MEXC EDGE_USDT	0.6030	0.0494	get 0.0247% / 4h	1h 49m	$1.1M	$800K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Orderly. 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 OrderlybpFee MEXCbpOrdersPrice spread, now +0.199%Rate

Funding earned: −$26.62
Price spread: +0.199% → 0.000%: $19.94
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$20.68
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 1 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 Orderly no order-book sample	—	—	—	—	—
Sell MEXC live order book, 1 min ago	0.83 bp	6.8 bp −$7	74.3 bp −$743	248.1 bp −$24.8K	643.2 bp −$321.6K

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Backpack EDGE_USDC_PERP	−0.0496%	1h	0.6023	+0.086%	$59K	$120K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.6019	+0.020%	$44K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.6015	−0.050%	$7.2M	$3.4M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.6017	−0.017%	$2.1M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.6021	+0.050%	$4.8M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5999	−0.324%	$189K	$144K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.6009	−0.152%	$248	$2.9M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.6009	−0.150%	$9K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5988	−0.499%	$3K	$639K	10x	as long as short
Aster EDGEUSDT	+0.0345%	4h	0.6021	+0.043%	$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
BloFin EDGE-USDT	+0.0469%	4h	0.6007	−0.183%	$666K	$104K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0479%	4h	0.6036	+0.299%	$3.8M	$6.2M	20x	as long as short
MEXC EDGE_USDTshort	+0.0494%	4h	0.6030	+0.199%	$1.1M	$800K	50x
Extended EDGE-USD	+0.0496%	1h	0.6023	+0.090%	$29K	$84K	5x	as long as short
edgeX EDGEUSDC	+0.0496%	4h	0.6011	−0.119%	$14.4M	$3.7M	30x	as long as short
Binance EDGEUSDT	+0.0499%	4h	0.6032	+0.233%	$10.4M	$10.8M	50x	as long as short
Orderly PERP_EDGE_USDClong	+0.0621%	4h	0.6018	long leg	$3K	$1K	10x