Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: edgeX against MEXC+0.375%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$2132.125% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.350%−$35 · spread now +0.375%, 7d avg +0.014%
=Together, before fees−0.362%+ Points / potential airdropedgeX: Active · farm board−$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.360% dearer against MEXC than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USELESS_USDT | 0.2607 | 0.0336 | pay 0.0168% / 4h | 3h 22m | $10.5M | $6.0M | 50x |
| Short | edgeX USELESSUSDC | 0.2617 | 0.0337 | get 0.0169% / 4h | 3h 22m | $19K | $196K | 10x |
MEXC USELESS_USDT
edgeX USELESSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $0.25
- Price spread: +0.375% → +0.014%
- $36.04
- Slippage, 4 orders
- −$195.52
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$176.24
- Costs to cover
- 2.125%
- Break-even
- 4985.4 days
Slippage from MEXC: live order book, 5 min ago; edgeX: live order book, 29 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, 5 min ago | 0.19 bp | 7.7 bp −$8 | 38.5 bp −$385 | 124.0 bp −$12.4K | doesn't fit |
| Sell edgeX live order book, 29 min ago | 0.95 bp | 44.2 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
USELESS on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2612 | +0.173% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2619 | +0.440% | $28K | $18K | 3x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2617 | +0.368% | $25K | $235K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2614 | +0.238% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2610 | +0.096% | $18K | $519K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2614 | +0.268% | $602K | $1.1M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0168% | 1h | 0.2614 | +0.261% | $9K | — | 3x | as long as short |
| Bitget USELESSUSDT | +0.0178% | 4h | 0.2605 | −0.077% | $5.0M | $10.3M | 20x | as long as short |
| KuCoin USELESSUSDTM | +0.0192% | 4h | 0.2606 | −0.069% | $4.7M | $10.7M | 12x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0197% | 4h | 0.2607 | −0.004% | $8.8M | $63.0M | 10x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
Bitget USELESSUSDT
KuCoin USELESSUSDTM
OKX USELESS-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster USELESSUSDT | +0.0198% | 4h | 0.2607 | −0.027% | $515K | $2.4M | 10x | as long as short |
| Gate USELESS_USDT | +0.0214% | 4h | 0.2606 | −0.046% | $6.5M | $8.6M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0216% | 1h | 0.2619 | +0.449% | $36K | $695K | 25x | as long as short |
| Binance USELESSUSDT | +0.0333% | 4h | 0.2605 | −0.080% | $21.7M | $121.7M | 50x | as long as short |
| Extended USELESS-USD | +0.0336% | 1h | 0.2605 | −0.087% | $112K | $1.1M | 5x | as long as short |
| MEXC USELESS_USDTlong | +0.0336% | 4h | 0.2607 | long leg | $10.5M | $6.0M | 50x | |
| edgeX USELESSUSDCshort | +0.0337% | 4h | 0.2617 | +0.375% | $19K | $196K | 10x | |
| Hyperliquid USELESS | +0.0392% | 1h | 0.2608 | +0.035% | $11.4M | $22.6M | 3x | as long as short |
| Variational Omni USELESS | +0.0610% | 4h | 0.2613 | +0.200% | $1.0M | $1.8M | — | as long as short |
| Bybit USELESSUSDT | +0.0791% | 4h | 0.2607 | −0.008% | $24.6M | $48.4M | 13x | as long as short |
| BingX USELESS-USDT | +0.0910% | 4h | 0.2605 | −0.096% | — | $5.3M | — | as long as short |
| BloFin USELESS-USDT | +0.1071% | 4h | 0.2613 | +0.230% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1293% | 4h | 0.2614 | +0.253% | $19K | $1.2M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2768 | +6.179% | $5K | $11K | 5.5x | as long as short |
Aster USELESSUSDT
Gate USELESS_USDT
ApeX Omni USELESSUSDT
Binance USELESSUSDT
Extended USELESS-USD
Hyperliquid USELESS
Variational Omni USELESS
Bybit USELESSUSDT
BingX USELESS-USDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP