Funding you earn now, next payment 08:00 UTC−0.0394%/8h= −43.1% APRnext payment −$1.97 per $10,000 · paid last 24h −0.096%
Price spread now: SunX against MEXC−0.729%53s7-day average +0.450% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.263%−$26 on $10k
+Price spread, last 4 days (all we have)+2.879%+$288 · spread now −0.729%, 7d avg +0.450%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and SunX is 1.179% cheaper against MEXC than usual: you would sell low and buy high (−$118 if the spread goes back to its 7-day average of +0.450%). Swap the legs. The two prices were read 53 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; at this rate the next one is about −$1.97 per $10,000. 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 | 0.6032 | 0.0494 | pay 0.0247% / 4h | 1h 49m | $1.1M | $800K | 50x |
| Short | SunX EDGE-USDT | 0.5988 | 0.0100 | get 0.0050% / 4h | 1h 49m | $3K | $639K | 10x |
MEXC EDGE_USDT
SunX EDGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$82.74
- Price spread: −0.729% → +0.450%
- −$117.92
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$216.66
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 2 min ago; SunX: live order book, 12 min ago. Net counts fees only.
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, 2 min ago | 0.83 bp | 8.2 bp −$8 | 86.4 bp −$864 | 250.7 bp −$25.1K | 652.8 bp −$326.4K |
| Sell SunX live order book, 12 min ago | 500.91 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0496% | 1h | 0.6023 | −0.146% | $59K | $120K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.6019 | −0.212% | $44K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.6017 | −0.249% | $7.3M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.6026 | −0.099% | $2.2M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6021 | −0.182% | $4.8M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5999 | −0.555% | $189K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6004 | −0.462% | $247 | $2.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6009 | −0.381% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDTshort | +0.0100% | 4h | 0.5988 | −0.729% | $3K | $639K | 10x | |
| Aster EDGEUSDT | +0.0345% | 4h | 0.6021 | −0.189% | $53K | $156K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDT | +0.0469% | 4h | 0.6007 | −0.414% | $666K | $104K | 50x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0479% | 4h | 0.6040 | +0.133% | $3.8M | $6.2M | 20x | as long as short |
| MEXC EDGE_USDTlong | +0.0494% | 4h | 0.6032 | long leg | $1.1M | $800K | 50x | |
| Extended EDGE-USD | +0.0496% | 1h | 0.6029 | −0.052% | $29K | $84K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0496% | 4h | 0.6011 | −0.351% | $14.4M | $3.7M | 30x | as long as short |
| Binance EDGEUSDT | +0.0499% | 4h | 0.6034 | +0.035% | $10.4M | $10.8M | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0626% | 4h | 0.6027 | −0.083% | $3K | $1K | 10x | as long as short |
BloFin EDGE-USDT
OKX EDGE-USDT-SWAP
Extended EDGE-USD
edgeX EDGEUSDC
Binance EDGEUSDT
Orderly PERP_EDGE_USDC