EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0123%/8h= −13.5% APRnext payment −$0.62 per $10,000 · paid last 24h −0.035%

Price spread now: OKX against MEXC+0.033%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$650.646% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.162%−$16 on $10k

Price spread, last 7 days−0.007%−$1 · spread now +0.033%, 7d avg +0.028%

Together, before fees−0.169%−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC EDGE_USDT	0.6044	0.0560	pay 0.0280% / 4h	1h 06m	$1.1M	$744K	50x
Short	OKX EDGE-USDT-SWAP	0.6046	0.0437	get 0.0218% / 4h	1h 06m	$3.8M	$5.4M	20x

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

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latest

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

Position, each leg$Hold fordaysFee MEXCbpFee OKXbpOrdersPrice spread, now +0.033%Rate

Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 5 min ago.

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	0.83 bp	7.1 bp −$7	83.3 bp −$833	264.9 bp −$26.5K	722.5 bp −$361.2K
Sell OKX live order book, 5 min ago	4.97 bp	21.7 bp −$22	120.4 bp −$1,204	doesn't fit	doesn't fit

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	0.6024	−0.339%	$45K	$20K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.6036	−0.132%	$7.3M	$3.0M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.6043	−0.017%	$4.8M	$897K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5999	−0.744%	$168K	$146K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.6045	+0.021%	$4K	$3.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.6047	+0.050%	$9K	$263K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6014	−0.496%	$4K	$576K	10x	as long as short
KuCoin EDGEUSDTM	+0.0150%	4h	0.6042	−0.033%	$2.1M	$2.2M	50x	as long as short
edgeX EDGEUSDC	+0.0410%	4h	0.6049	+0.078%	$14.6M	$3.9M	30x	as long as short
OKX EDGE-USDT-SWAPshort	+0.0437%	4h	0.6046	+0.033%	$3.8M	$5.4M	20x

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster EDGEUSDT	+0.0530%	4h	0.6052	+0.127%	$60K	$118K	5x	as long as short
BloFin EDGE-USDT	+0.0536%	4h	0.6048	+0.066%	$675K	$87K	50x	as long as short
Extended EDGE-USD	+0.0560%	1h	0.6041	−0.057%	$31K	$271K	5x	as long as short
MEXC EDGE_USDTlong	+0.0560%	4h	0.6044	long leg	$1.1M	$744K	50x
Binance EDGEUSDT	+0.0561%	4h	0.6042	−0.033%	$10.5M	$9.8M	50x	as long as short
Backpack EDGE_USDC_PERP	+0.0576%	1h	0.6043	−0.020%	$55K	$116K	3.3x	as long as short
Orderly PERP_EDGE_USDC	+0.0647%	4h	0.6043	−0.017%	$3K	$1K	10x	as long as short