Funding you earn now, next payment 05:00 UTC−0.0396%/8h= −43.4% APRpaid last 24h −0.096%
Price spread now: ApeX Omni against MEXC−0.945%81s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$407as 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−$3813.808% of the position
Funding, last 7 days−0.263%−$26 on $10k
+Price spread, last 4 days (all we have)+1.099%+$110 · spread now −0.945%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and ApeX Omni is 0.968% cheaper against MEXC than usual: you would sell low and buy high (−$97 if the spread goes back to its 7-day average of +0.023%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.263% in total (about -13.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EDGE_USDT | 0.6034 | 0.0496 | pay 0.0248% / 4h | 3h 20m | $1.1M | $866K | 50x |
| Short | ApeX Omni EDGEUSDT | 0.5977 | 0.0100 | get 0.0013% / 1h | 20m 08s | $9K | $305K | 50x |
MEXC EDGE_USDT
ApeX Omni EDGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$83.16
- Price spread: −0.945% → +0.023%
- −$96.77
- Slippage, 4 orders
- −$362.81
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$560.74
- Costs to cover
- 3.808%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; ApeX Omni: live order book, 32 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, 1 min ago | 0.83 bp | 6.8 bp −$7 | 74.0 bp −$740 | 222.3 bp −$22.2K | 652.6 bp −$326.3K |
| Sell ApeX Omni live order book, 32 min ago | 16.82 bp | 180.3 bp −$180 | doesn't fit | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.6021 | −0.214% | $44K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.6022 | −0.199% | $7.3M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6031 | −0.050% | $2.2M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6031 | −0.050% | $4.8M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6029 | −0.076% | $58K | $113K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5995 | −0.647% | $191K | $141K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5973 | −1.011% | $7K | $2.6M | 10x | as long as short |
| ApeX Omni EDGEUSDTshort | +0.0100% | 1h | 0.5977 | −0.945% | $9K | $305K | 50x | |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6314 | +4.640% | $4K | $625K | 10x | as long as short |
| Aster EDGEUSDT | +0.0465% | 4h | 0.6014 | −0.334% | $54K | $155K | 5x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0472% | 4h | 0.6008 | −0.431% | $661K | $104K | 50x | as long as short |
| MEXC EDGE_USDTlong | +0.0496% | 4h | 0.6034 | long leg | $1.1M | $866K | 50x | |
| Extended EDGE-USD | +0.0512% | 1h | 0.6035 | +0.022% | $28K | $180K | 5x | as long as short |
| Binance EDGEUSDT | +0.0515% | 4h | 0.6030 | −0.066% | $10.3M | $10.5M | 50x | as long as short |
| edgeX EDGEUSDC | +0.0541% | 4h | 0.5979 | −0.916% | $14.3M | $3.7M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0586% | 4h | 0.6026 | −0.133% | $3.8M | $5.9M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0601% | 4h | 0.6035 | +0.017% | $3K | $1K | 10x | as long as short |
BloFin EDGE-USDT
Extended EDGE-USD
Binance EDGEUSDT
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC