Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.025%
Price spread now: MEXC against edgeX−0.283%53s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as 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−$1101.102% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−0.308%−$31 · spread now −0.283%, 7d avg +0.047%
=Together, before fees−0.378%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.330% cheaper against edgeX than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 53 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 OPUSDC | 0.1249 | 0.0100 | pay 0.0050% / 4h | 36m 38s | $4K | $1.1M | 10x |
| Short | MEXC OP_USDT | 0.1246 | 0.0100 | get 0.0100% / 8h | 36m 38s | $22.1M | $7.8M | 300x |
edgeX OPUSDC
MEXC OP_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
- $0
- Price spread: −0.283% → +0.047%
- −$32.97
- Slippage, 4 orders
- −$101.2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$143.17
- Costs to cover
- 1.102%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 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, 2 min ago | 39.97 bp | 51.9 bp −$52 | 173.0 bp −$1,730 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.40 bp | 2.6 bp −$3 | 8.0 bp −$80 | 58.0 bp −$5,798 | 111.2 bp −$55.6K |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1660% | 1h | 0.1243 | −0.507% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.0898% / S +0.0202% | 1h | 0.1246 | −0.244% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0054% | 8h | 0.1246 | −0.267% | $12K | $236K | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1247 | −0.203% | $39K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1246 | −0.267% | $32K | $154K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1247 | −0.213% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0039% | 8h | 0.1252 | +0.174% | $221K | $47K | — | as long as short |
| KuCoin OPUSDTM | +0.0054% | 8h | 0.1246 | −0.267% | $2.8M | $6.2M | 75x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0080% | 1h | 0.1250 | +0.054% | $24K | $65K | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1247 | −0.147% | $287K | $1.1M | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
KuCoin OPUSDTM
Coinbase International OP-PERP-INTX
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1247 | −0.155% | $3.5M | $3.7M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1245 | −0.328% | $205K | $210K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1244 | −0.403% | $19.7M | $67.4M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1244 | −0.403% | $18.3M | $26.2M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1245 | −0.315% | $6.0M | $29.4M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1246 | −0.251% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDTshort | +0.0100% | 8h | 0.1246 | −0.283% | $22.1M | $7.8M | 300x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1244 | −0.427% | $5.6M | $6.9M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1245 | −0.347% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1247 | −0.187% | $115K | $219K | 10x | as long as short |
| edgeX OPUSDClong | +0.0100% | 4h | 0.1249 | long leg | $4K | $1.1M | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1250 | +0.054% | $306K | $5.2M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1253 | +0.294% | $43K | $697K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1246 | −0.283% | $210 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1247 | −0.163% | $166K | $259K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1244 | −0.418% | $100K | $600K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1246 | −0.267% | $3K | $1K | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0165% | 1h | 0.1246 | −0.268% | $742K | $671K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1245 | −0.323% | $991K | $322K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0444% | 1h | 0.1246 | −0.281% | $693 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP