Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against edgeX−0.098%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.098%, 7d avg +0.030%
=Together, before fees−0.046%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.128% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ESPUSDC | 0.09424 | 0.0114 | pay 0.0057% / 4h | 2h 27m | $29K | $266K | 10x |
| Short | MEXC ESP_USDT | 0.09415 | 0.0100 | get 0.0050% / 4h | 2h 27m | $1.3M | $125K | 20x |
edgeX ESPUSDC
MEXC ESP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.84
- Price spread: −0.098% → +0.030%
- −$12.79
- Slippage, 4 orders
- −$29.14
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$57.77
- Costs to cover
- 0.421%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 21 min ago; MEXC: live order book, 4 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 edgeX live order book, 21 min ago | 3.19 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.53 bp | 10.5 bp −$11 | 43.7 bp −$437 | 390.9 bp −$39.1K | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0036% | 4h | 0.09417 | −0.076% | — | $1.7M | — | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09419 | −0.054% | $6K | $18K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09411 | −0.140% | $2.4M | $4.0M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09421 | −0.034% | $596K | $1.1M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09431 | +0.072% | $191K | $599K | 50x | as long as short |
| MEXC ESP_USDTshort | +0.0100% | 4h | 0.09415 | −0.098% | $1.3M | $125K | 20x | |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09424 | −0.002% | $1.5M | $45K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09425 | +0.007% | $950K | $134K | 20x | as long as short |
| edgeX ESPUSDClong | +0.0114% | 4h | 0.09424 | long leg | $29K | $266K | 10x | |
| BloFin ESP-USDT | +0.0136% | 4h | 0.09412 | −0.129% | $123K | $33K | 25x | as long as short |
BingX ESP-USDT
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
BloFin ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0487% | 4h | 0.09404 | −0.214% | $1.1M | $641K | 50x | as long as short |
Bybit ESPUSDT