Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: edgeX against MEXC−0.383%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1061.055% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)+0.459%+$46 · spread now −0.383%, 7d avg −0.047%
=Together, before fees+0.529%+ Points / potential airdropedgeX: Active · farm board+$53 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: edgeX is 0.336% cheaper against MEXC than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OP_USDT | 0.1255 | 0.0100 | pay 0.0100% / 8h | 1h 24m | $22.4M | $8.0M | 300x |
| Short | edgeX OPUSDC | 0.1250 | 0.0100 | get 0.0050% / 4h | 1h 24m | $379K | $765K | 10x |
MEXC OP_USDT
edgeX OPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against MEXC. 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: −0.383% → −0.047%
- −$33.63
- Slippage, 4 orders
- −$96.54
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$139.17
- Costs to cover
- 1.055%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; edgeX: 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 MEXC live order book, 4 min ago | 0.40 bp | 2.9 bp −$3 | 26.4 bp −$264 | 66.1 bp −$6,606 | 104.4 bp −$52.2K |
| Sell edgeX live order book, 19 min ago | 39.56 bp | 48.8 bp −$49 | 165.4 bp −$1,654 | doesn't fit | doesn't fit |
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 | −0.1760% | 1h | 0.1251 | −0.295% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.0898% / S +0.0202% | 1h | 0.1250 | −0.341% | $13K | — | 100x | as long as short |
| Orderly PERP_OP_USDC | −0.0052% | 8h | 0.1256 | +0.104% | $59K | $177K | 10x | as long as short |
| Kraken Futures PF_OPUSD | −0.0034% | 1h | 0.1258 | +0.288% | $757K | $666K | 20x | as long as short |
| Variational Omni OP | −0.0006% | 8h | 0.1255 | +0.050% | $222K | $46K | — | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1259 | +0.342% | $39K | $522 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1257 | +0.183% | $32K | $154K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0005% / S −0.0004% | 1h | 0.1256 | +0.104% | $8K | — | 150x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0032% | 1h | 0.1259 | +0.343% | $24K | $64K | 50x | as long as short |
| Bybit OPUSDT | +0.0066% | 8h | 0.1256 | +0.088% | $18.4M | $26.1M | 75x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
Variational Omni OP
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Coinbase International OP-PERP-INTX
Bybit OPUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin OPUSDTM | +0.0066% | 8h | 0.1254 | −0.056% | $2.8M | $6.3M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0079% | 8h | 0.1256 | +0.135% | $6.1M | $29.6M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1257 | +0.159% | $276K | $1.1M | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1257 | +0.175% | $3.5M | $3.7M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1255 | +0.052% | $206K | $211K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1255 | +0.024% | $19.7M | $67.0M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1255 | +0.064% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDTlong | +0.0100% | 8h | 0.1255 | long leg | $22.4M | $8.0M | 300x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1256 | +0.104% | $5.7M | $6.9M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1255 | +0.024% | — | $6.7M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1256 | +0.072% | $113K | $218K | 10x | as long as short |
| edgeX OPUSDCshort | +0.0100% | 4h | 0.1250 | −0.383% | $379K | $765K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1250 | −0.345% | $304K | $5.3M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1250 | −0.375% | $43K | $700K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1257 | +0.151% | $204 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1258 | +0.263% | $170K | $255K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1254 | −0.038% | $102K | $510K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1257 | +0.167% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1257 | +0.151% | $1.0M | $325K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0443% | 1h | 0.1256 | +0.143% | $699 | — | 20x | as long as short |
KuCoin OPUSDTM
OKX OP-USDT-SWAP
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Gate OP_USDT
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Reya OPRUSDPERP