Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0368%/8h= −40.3% APRpaid last 24h −0.098%
Price spread now: Lighter against MEXC+0.025%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.274%−$27 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.025% dearer against MEXC than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.274% in total) that is about 15 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC EDGE_USDT0.59940.0464pay 0.0232% / 4h1h 02m$1.1M$807K50x
ShortLighter EDGE0.59960.0096get 0.0012% / 1h2m 14s$44K$22K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
−$77.28
Price spread: +0.025% → 0.000%
$2.5
Slippage, 4 orders
no order book: not counted
Fee MEXC: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$82.78
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago0.83 bp12.9 bp −$1384.2 bp −$842248.8 bp −$24.9K796.9 bp −$398.4K
Sell Lighter no order-book sample
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0240%1h0.5987−0.113%$57K$121K3.3xas long as short
Lighter EDGEshort+0.0096%1h0.5996+0.025%$44K$22K3x
Bybit EDGEUSDT+0.0100%4h0.5984−0.167%$7.2M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5997+0.050%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5996+0.033%$4.8M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5995+0.016%$189K$144Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5997+0.050%$4K$3.0M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.6000+0.100%$9K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5950−0.734%$4K$642K10xas long as short
Aster EDGEUSDT+0.0296%4h0.5998+0.060%$53K$155K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EDGE-USDT-SWAP+0.0425%4h0.5998+0.067%$3.8M$6.1M20xas long as short
edgeX EDGEUSDC+0.0458%4h0.6002+0.136%$14.3M$3.7M30xas long as short
Extended EDGE-USD+0.0464%1h0.5997+0.056%$28K$106K5xas long as short
MEXC EDGE_USDTlong+0.0464%4h0.5994long leg$1.1M$807K50x
Binance EDGEUSDT+0.0465%4h0.6002+0.136%$10.3M$10.8M50xas long as short
BloFin EDGE-USDT+0.0479%4h0.59940.000%$666K$107K50xas long as short
Orderly PERP_EDGE_USDC+0.0627%4h0.59940.000%$2K$1K10xas long as short