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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0386%/8h= +42.3% APRnext payment +$1.93 per $10,000 · paid last 24h +0.096%
Price spread now: MEXC against SunX+0.672%7-day average −0.437% · 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+0.263%+$26 on $10k
Price spread, last 4 days (all we have)−2.289%−$229 · spread now +0.672%, 7d avg −0.437%
Together, before fees−2.026%−$203 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and MEXC is 1.108% dearer against SunX than usual: you sell high and buy low: +$111 more if the spread goes back to its 7-day average of −0.437%.
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 +$1.93 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EDGE-USDT0.59550.0100pay 0.0050% / 4h1h 04m$3K$642K10x
ShortMEXC EDGE_USDT0.59950.0486get 0.0243% / 4h1h 04m$1.1M$807K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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
$81.06
Price spread: +0.672% → −0.437%
$110.82
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee MEXC: 4 bp × 2 orders
−$8
Net
$175.88
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: SunX: live order book, 57 min ago; MEXC: live order book, 1 min ago. 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 SunX live order book, 57 min ago500.91 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.83 bp4.8 bp −$561.3 bp −$613232.3 bp −$23.2K808.6 bp −$404.3K

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−0.0216%1h0.5991+0.601%$57K$122K3.3xas long as short
Lighter EDGE+0.0096%1h0.5985+0.502%$44K$22K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5987+0.537%$7.2M$3.3M25xas long as short
KuCoin EDGEUSDTM+0.0100%4h0.5997+0.705%$2.1M$2.2M50xas long as short
Bitget EDGEUSDT+0.0100%4h0.5998+0.722%$4.8M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5995+0.671%$189K$144Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.6010+0.924%$4K$3.0M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.6018+1.058%$9K$295K50xas long as short
SunX EDGE-USDTlong+0.0100%4h0.5955long leg$3K$642K10x
Aster EDGEUSDT+0.0305%4h0.5995+0.674%$53K$155K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX EDGE-USDT-SWAP+0.0450%4h0.6002+0.789%$3.8M$6.1M20xas long as short
Binance EDGEUSDT+0.0477%4h0.5995+0.680%$10.3M$10.8M50xas long as short
MEXC EDGE_USDTshort+0.0486%4h0.5995+0.672%$1.1M$807K50x
Extended EDGE-USD+0.0488%1h0.5991+0.601%$27K$83K5xas long as short
edgeX EDGEUSDC+0.0490%4h0.6022+1.124%$14.4M$3.7M30xas long as short
BloFin EDGE-USDT+0.0495%4h0.6003+0.806%$667K$107K50xas long as short
Orderly PERP_EDGE_USDC+0.0629%4h0.5993+0.638%$2K$1K10xas long as short