Funding you earn now, next payment 00:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.027%
Price spread now: MEXC against edgeX−0.448%68s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 3 days (all we have)+0.281%+$28 · spread now −0.448%, 7d avg −0.012%
=Together, before fees+0.174%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.437% cheaper against edgeX than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of −0.012%). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX FILUSDC | 0.9892 | 0.0100 | pay 0.0050% / 4h | 40m 15s | $45K | $295K | 10x |
| Short | MEXC FIL_USDC | 0.9848 | 0.0060 | get 0.0060% / 8h | 40m 15s | $250K | $104K | 50x |
edgeX FILUSDC
MEXC FIL_USDCFunding 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
- −$8.4
- Price spread: −0.448% → −0.012%
- −$43.66
- Slippage, 4 orders
- −$20.65
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$81.71
- Costs to cover
- 0.296%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 38 min ago; MEXC: live order book, 19 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, 38 min ago | 3.53 bp | 8.5 bp −$9 | 87.2 bp −$872 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 19 min ago | 1.01 bp | 7.4 bp −$7 | 14.8 bp −$148 | 73.6 bp −$7,364 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0764% | 1h | 0.9853 | −0.398% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0395% | 1h | 0.9856 | −0.364% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9870 | −0.226% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.378% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0010% | 8h | 0.9851 | −0.418% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9856 | −0.364% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9863 | −0.298% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0018% | 8h | 0.9850 | −0.428% | $18.1M | $98.4M | 50x | as long as short |
| Bitget FILUSDT | +0.0031% | 8h | 0.9850 | −0.428% | $10.9M | $21.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0046% | 8h | 0.9852 | −0.408% | $15.4M | $18.3M | 25x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Bitget FILUSDT
Bybit FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0056% | 8h | 0.9850 | −0.428% | $57.1M | $178.3M | 75x | as long as short |
| Extended FIL-USD | +0.0056% | 1h | 0.9848 | −0.447% | $689K | $2.3M | 10x | as long as short |
| MEXC FIL_USDCshort | +0.0060% | 8h | 0.9848 | −0.448% | $250K | $104K | 50x | |
| BingX FIL-USDT | +0.0061% | 8h | 0.9851 | −0.418% | — | $11.9M | — | as long as short |
| Lighter FIL | +0.0072% | 1h | 0.9848 | −0.452% | $158K | $347K | 5x | as long as short |
| Gate FIL_USDT | +0.0084% | 8h | 0.9852 | −0.408% | $7.9M | $16.2M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9855 | −0.379% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9860 | −0.329% | $497K | $529K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9868 | −0.243% | $439K | $277K | — | as long as short |
| edgeX FILUSDClong | +0.0100% | 4h | 0.9892 | long leg | $45K | $295K | 10x | |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9875 | −0.173% | $295K | $818K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9890 | −0.024% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9863 | −0.293% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | −0.428% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9851 | −0.418% | $484 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9860 | −0.327% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | −0.327% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0177% | 8h | 0.9866 | −0.266% | $2.7M | $566K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0570% / S −0.0666% | 1h | 0.9858 | −0.347% | $196K | — | 100x | as long as short |
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDT
Lighter FIL
Gate FIL_USDT
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]