Funding you earn now, next payment 00:00 UTC−0.0490%/8h= −53.6% APRnext payment −$2.45 per $10,000 · paid last 24h −0.231%
Price spread now: KuCoin against edgeX+0.440%98s7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$419as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3613.607% of the position
Funding, last 7 days−0.580%−$58 on $10k
+Price spread, last 3 days (all we have)−0.433%−$43 · spread now +0.440%, 7d avg −0.085%
=Together, before fees−1.013%+ Points / potential airdropedgeX: Active · farm board−$101 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.524% dearer against edgeX than usual: you sell high and buy low (spread +0.440% now, against its 7-day average of −0.085%): +$52 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 3.6 days. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BTWUSDC | 0.8945 | 0.1876 | pay 0.0938% / 4h | 2h 23m | $369K | $491K | 10x |
| Short | KuCoin BTWUSDTM | 0.8984 | 0.1386 | get 0.0693% / 4h | 2h 23m | $8.2M | $4.6M | 10x |
edgeX BTWUSDC
KuCoin BTWUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- −$102.82
- Price spread: +0.440% → −0.085%
- $52.45
- Slippage, 4 orders
- −$339.73
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$411.1
- Costs to cover
- 3.607%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 40 min ago; KuCoin: live order book, 4 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 edgeX live order book, 40 min ago | 28.78 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 15.78 bp | 196.9 bp −$197 | doesn't fit | doesn't fit | doesn't fit |
BTW on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX BTW-USDT | +0.0100% | 4h | 0.9034 | +0.990% | $221K | $765K | 10x | as long as short |
| Gate BTW_USDT | +0.0332% | 4h | 0.8940 | −0.057% | $3.9M | $15.2M | 10x | as long as short |
| KuCoin BTWUSDTMshort | +0.1386% | 4h | 0.8984 | +0.440% | $8.2M | $4.6M | 10x | |
| Aster BTWUSDT | +0.1443% | 4h | 0.9067 | +1.357% | $2.5M | $2.6M | 5x | as long as short |
| Bitget BTWUSDT | +0.1624% | 4h | 0.8953 | +0.091% | $28.3M | $12.8M | 5x | as long as short |
| Extended BTW-USD | +0.1856% | 1h | 0.9003 | +0.646% | $43K | $13K | 5x | as long as short |
| Binance BTWUSDT | +0.1859% | 4h | 0.8975 | +0.334% | $125.6M | $158.3M | 10x | as long as short |
| MEXC BTW_USDT | +0.1874% | 4h | 0.8981 | +0.401% | $11.8M | $6.0M | 20x | as long as short |
| edgeX BTWUSDClong | +0.1876% | 4h | 0.8945 | long leg | $369K | $491K | 10x | |
| BingX BTW-USDT | +0.2280% | 4h | 0.8979 | +0.379% | — | $4.4M | — | as long as short |
HTX BTW-USDT
Gate BTW_USDT
Aster BTWUSDT
Bitget BTWUSDT
Extended BTW-USD
Binance BTWUSDT
MEXC BTW_USDT
BingX BTW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BTWUSDT | +0.2633% | 4h | 0.8960 | +0.161% | $17.0M | $35.7M | 10x | as long as short |
Bybit BTWUSDT