Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against edgeX−0.378%83s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$363as 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−$3633.627% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.559%+$56 · spread now −0.378%, 7d avg −0.001%
=Together, before fees+0.560%+ Points / potential airdropedgeX: Active · farm board+$56 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 0.378% cheaper against edgeX than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of −0.001%). Swap the legs. The two prices were read 83 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 ONUSDC | 0.1309 | 0.0111 | pay 0.0056% / 4h | 1h 53m | $9K | $132K | 10x |
| Short | MEXC ON_USDT | 0.1304 | 0.0100 | get 0.0050% / 4h | 1h 53m | $1.5M | $487K | 50x |
edgeX ONUSDC
MEXC ON_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
- −$2.39
- Price spread: −0.378% → −0.001%
- −$37.78
- Slippage, 4 orders
- −$345.65
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$402.83
- Costs to cover
- 3.627%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 52 min ago; MEXC: live order book, 2 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, 52 min ago | 9.26 bp | 153.8 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 7.66 bp | 33.7 bp −$34 | 111.3 bp −$1,113 | 317.4 bp −$31.7K | 925.5 bp −$462.8K |
ON on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ONUSDT | +0.0100% | 4h | 0.1304 | −0.359% | $5.7M | $3.9M | 50x | as long as short |
| Gate ON_USDT | +0.0100% | 4h | 0.1305 | −0.302% | $291K | $24K | 5x | as long as short |
| MEXC ON_USDTshort | +0.0100% | 4h | 0.1304 | −0.378% | $1.5M | $487K | 50x | |
| KuCoin ONUSDTM | +0.0100% | 4h | 0.1307 | −0.165% | $722K | $49K | 50x | as long as short |
| Variational Omni ON | +0.0100% | 4h | 0.1306 | −0.205% | $24K | $6 | — | as long as short |
| BingX ON-USDT | +0.0108% | 4h | 0.1304 | −0.378% | — | $6.6M | — | as long as short |
| edgeX ONUSDClong | +0.0111% | 4h | 0.1309 | long leg | $9K | $132K | 10x | |
| Aster ONUSDT | +0.0578% | 4h | 0.1303 | −0.419% | $428K | $34K | 5x | as long as short |
Binance ONUSDT
Gate ON_USDT
KuCoin ONUSDTM
Variational Omni ON
BingX ON-USDT
Aster ONUSDT