EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0342%/8h= −37.4% APRnext payment −$1.71 per $10,000 · paid last 24h −0.076%

Price spread now: KuCoin against MEXC−0.167%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$331as in the Funding arb table

Net, price: spread back to 7d avg − costs−$322as in the Price arb table

costs, in and out, $10k−$3073.065% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.243%−$24 on $10k

Price spread, last 7 days+0.112%+$11 · spread now −0.167%, 7d avg −0.010%

Together, before fees−0.132%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.157% cheaper against MEXC than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.010%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDGE_USDT	0.5981	0.0442	pay 0.0221% / 4h	13m 16s	$1.1M	$899K	50x
Short	KuCoin EDGEUSDTM	0.5971	0.0100	get 0.0050% / 4h	13m 16s	$2.1M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.167%Rate

Funding earned: −$71.82
Price spread: −0.167% → −0.010%: −$15.74
Slippage, 4 orders: −$286.51
Fee MEXC: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$394.08
Costs to cover: 3.065%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago	0.84 bp	12.2 bp −$12	83.5 bp −$835	221.6 bp −$22.2K	713.6 bp −$356.8K
Sell KuCoin live order book, 3 min ago	5.86 bp	153.4 bp −$153	884.6 bp −$8,846	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
Backpack EDGE_USDC_PERP	−0.0128%	1h	0.5975	−0.095%	$58K	$111K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5971	−0.167%	$44K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5969	−0.201%	$7.2M	$3.4M	25x	as long as short
KuCoin EDGEUSDTMshort	+0.0100%	4h	0.5971	−0.167%	$2.1M	$2.2M	50x
Bitget EDGEUSDT	+0.0100%	4h	0.5967	−0.234%	$4.7M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5959	−0.360%	$189K	$136K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5975	−0.103%	$582	$2.4M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5975	−0.100%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5940	−0.686%	$4K	$626K	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0376%	4h	0.5987	+0.100%	$3.8M	$5.8M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDC	+0.0389%	4h	0.5976	−0.085%	$14.3M	$3.6M	30x	as long as short
BloFin EDGE-USDT	+0.0421%	4h	0.5987	+0.100%	$663K	$103K	50x	as long as short
Extended EDGE-USD	+0.0440%	1h	0.5977	−0.069%	$30K	$198K	5x	as long as short
MEXC EDGE_USDTlong	+0.0442%	4h	0.5981	long leg	$1.1M	$899K	50x
Binance EDGEUSDT	+0.0444%	4h	0.5982	+0.024%	$10.3M	$10.5M	50x	as long as short
Aster EDGEUSDT	+0.0476%	4h	0.5978	−0.047%	$58K	$152K	5x	as long as short
Orderly PERP_EDGE_USDC	+0.0566%	4h	0.5976	−0.084%	$3K	$359	10x	as long as short