Funding you earn now, next payment 08:00 UTC+0.0831%/8h= +91.0% APRnext payment +$4.15 per $10,000 · paid last 24h +0.234%
Price spread now: edgeX against KuCoin−0.871%83s7-day average +0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as 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−$2112.108% of the position
Funding, last 7 days+0.669%+$67 on $10k
+Price spread, last 4 days (all we have)+0.940%+$94 · spread now −0.871%, 7d avg +0.085%
=Together, before fees+1.609%+ Points / potential airdropedgeX: Active · farm board+$161 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.956% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.871% now, against its 7-day average of +0.085%). If the spread goes back, that is −$96 on $10k: about 3.8 days of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.669% in total) that is about 10 days. The two prices were read 83 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 | KuCoin BTWUSDTM | 0.8354 | 0.0228 | pay 0.0114% / 4h | 2h 36m | $7.4M | $4.9M | 10x |
| Short | edgeX BTWUSDC | 0.8281 | 0.1059 | get 0.0529% / 4h | 2h 36m | $341K | $502K | 10x |
KuCoin BTWUSDTM
edgeX BTWUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- $174.48
- Price spread: −0.871% → +0.085%
- −$95.57
- Slippage, 4 orders
- −$189.85
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$131.94
- Costs to cover
- 2.108%
- Break-even
- 12.3 days
Slippage from KuCoin: live order book, 7 min ago; edgeX: live order book, 53 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 KuCoin live order book, 7 min ago | 14.74 bp | 77.8 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 3.18 bp | 11.4 bp −$11 | 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 | 0.8352 | −0.023% | $215K | $776K | 10x | as long as short |
| KuCoin BTWUSDTMlong | +0.0228% | 4h | 0.8354 | long leg | $7.4M | $4.9M | 10x | |
| Bybit BTWUSDT | +0.0720% | 4h | 0.8318 | −0.424% | $15.9M | $41.4M | 10x | as long as short |
| Bitget BTWUSDT | +0.0724% | 4h | 0.8336 | −0.205% | $26.2M | $15.2M | 5x | as long as short |
| Aster BTWUSDT | +0.0787% | 4h | 0.8345 | −0.107% | $2.3M | $3.2M | 5x | as long as short |
| BingX BTW-USDT | +0.1014% | 4h | 0.8333 | −0.247% | — | $4.4M | — | as long as short |
| edgeX BTWUSDCshort | +0.1059% | 4h | 0.8281 | −0.871% | $341K | $502K | 10x | |
| MEXC BTW_USDT | +0.1074% | 4h | 0.8341 | −0.151% | $9.5M | $6.5M | 20x | as long as short |
| Binance BTWUSDT | +0.1078% | 4h | 0.8331 | −0.271% | $116.1M | $180.8M | 10x | as long as short |
| Extended BTW-USD | +0.1080% | 1h | 0.8361 | +0.090% | $36K | $15K | 5x | as long as short |
HTX BTW-USDT
Bybit BTWUSDT
Bitget BTWUSDT
Aster BTWUSDT
BingX BTW-USDT
MEXC BTW_USDT
Binance BTWUSDT
Extended BTW-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BTW_USDT | +0.1496% | 4h | 0.8325 | −0.346% | $3.4M | $17.8M | 10x | as long as short |
Gate BTW_USDT