Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2693 | +0.0050 | pay 0.0050% / 8h | 1h 22m | $122K | $114K | 5x | Long KuCoin | |
| SHORT | 1.2376 | +0.0100 | get 0.0050% / 4h | 1h 22m | $1K | $233K | 10x | Short edgeX |
Price gap−2.501%53s
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 3.565% under its 7d average: −$356 if it goes back, about 8 months of funding.
The two prices were read 53 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0050% /8h now · paid +0.020% over the last 1 day (all we have)
Price—spread −2.501%53s now · prices read too far apart to compare
Costs−$4,00240.017% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
edgeX price against KuCoinnow
RANGE STATS · 7D
Now−2.501%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBP on 6 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size1663.7 / 163.4 bpAt $10k entering KuCoin costs 1663.7 bp, fee and slippage, 10.2× edgeX’s.
- Note: Margin at max leverage$2,000 + $1,000KuCoin 5x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.50Long KuCoin: 3 payments, −$1.50; short edgeX: 6 payments, +$3.00.
- Watch: Prices read 53 s apart−2.501% vs +1.064%Part of this gap may be the market moving.
- Watch: Short leg is thinner$1K vs $122K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · edgeX NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0046%/8h × 21 periods+$9.71
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$3,980.70
Fee KuCoin bp × 2 orders−$12.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$3,991.99
price spread not counted: prices read too far apartCosts to cover40.017%Break-even2886.2 days
Slippage: KuCoin: live order book, 48 min ago; edgeX: live order book, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin95.891663.7 bp−$1,664doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTedgeX62.36163.4 bp−$163doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | BP/USD no longer reported ($BP) seen by our collector |
| 09-28 07:49 | edgeX | Listing | New Crypto Perp Listings on edgeX $QNT Enterprise blockchain interoperability platform. $BP Crypto exchange and self-custodial wallet platform. Trade on Arc. Unlock Triple Rewards. @edgeX_exchange on X ↗ |
| 09-28 07:18 | edgeX | Listing | new market BPUSDC ($BP) seen by our collector |
| 09-20 09:45 | Backpack | Other | Learn more about $BP ↓ @Backpack on X ↗ |
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