After costs, if the gap returns to its 7d average, $10k−$190
spread now−0.255%7d average−0.110%fees + slippage, in and out−$176spread needed1.757%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EDGE_USDT | 0.5889 | 0.0604 | pay 0.0302% / 4h | 3h 18m | $1.4M | $896K | 50x |
| Short | Bybit EDGEUSDT | 0.5874 | 0.0100 | get 0.0050% / 4h | 3h 18m | $6.9M | $3.1M | 25x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$25.47
- Funding while held
- −$15.12
- Slippage, 4 orders
- −$156.7
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$216.3
- Spread needed to break even
- 1.757%
Slippage from MEXC: live order book, 9 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0504%
- Per $10,000 a day
- −$15.12
- Average in range /8h
- —
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, 9 min ago | 0.84 bp | 12.2 bp −$12 | 74.6 bp −$746 | 248.0 bp −$24.8K | 792.3 bp −$396.1K |
| Sell Bybit live order book, 1 min ago | 4.25 bp | 82.7 bp −$83 | 317.2 bp −$3,172 | doesn't fit | doesn't fit |
EDGE price on every exchange
against the cheapest. Click to use as the short leg.EDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX EDGE-USDT | −0.560% | +0.0100% | 4h | $3K | $552K | 10x | as long as short |
| Bybit EDGEUSDTshort | −0.255% | +0.0100% | 4h | $6.9M | $3.1M | 25x | |
| Lighter EDGE | −0.161% | +0.0096% | 1h | $55K | $9K | 3x | as long as short |
| KuCoin EDGEUSDTM | −0.136% | +0.0100% | 4h | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | −0.136% | +0.0100% | 4h | $4.7M | $905K | 20x | as long as short |
| MEXC EDGE_USDTlong | 0.000% | +0.0604% | 4h | $1.4M | $896K | 50x | |
| Aster EDGEUSDT | +0.017% | +0.0657% | 4h | $77K | $127K | 5x | as long as short |
| BloFin EDGE-USDT | +0.017% | +0.0570% | 4h | $650K | $122K | 50x | as long as short |
| Extended EDGE-USD | +0.025% | +0.0608% | 1h | $27K | $230K | 5x | as long as short |
| Backpack EDGE_USDC_PERP | +0.029% | −0.0351% | 1h | $62K | $109K | 3.3x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance EDGEUSDT | +0.034% | +0.0604% | 4h | $10.1M | $9.3M | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.102% | +0.0298% | 4h | $3.5M | $5.4M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.119% | +0.0762% | 4h | $3K | — | 10x | as long as short |
| Variational Omni EDGE | +0.420% | +0.0100% | 4h | $197K | $86K | — | as long as short |
| ApeX Omni EDGEUSDT | +0.442% | +0.0100% | 1h | $1K | $292K | 50x | as long as short |
| edgeX EDGEUSDC | +0.801% | +0.0309% | 4h | $14.2M | $3.4M | 30x | as long as short |
MEXC EDGE_USDT
Bybit EDGEUSDT
SunX
Lighter
KuCoin
Bitget
Aster
BloFin
Extended
Backpack
Binance
OKX
Variational Omni
ApeX Omni