Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against edgeX−0.452%83s7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$381as 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−$3823.823% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.452%, 7d avg −0.058%
=Together, before fees+0.243%+ Points / potential airdropedgeX: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.395% cheaper against edgeX than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.058%). Swap the legs. 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 | edgeX CYSUSDC | 0.1631 | 0.0117 | pay 0.0058% / 4h | 2h 36m | $7K | $110K | 10x |
| Short | KuCoin CYSUSDTM | 0.1624 | 0.0100 | get 0.0050% / 4h | 2h 36m | $1.4M | $151K | 20x |
Funding 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
- −$3.54
- Price spread: −0.452% → −0.058%
- −$39.45
- Slippage, 4 orders
- −$361.3
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$425.29
- Costs to cover
- 3.823%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 10 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, 10 min ago | 12.42 bp | 85.4 bp −$85 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 21.52 bp | 139.6 bp −$140 | doesn't fit | doesn't fit | doesn't fit |
CYS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CYSUSDT | +0.0100% | 4h | 0.1628 | −0.237% | $259K | $88K | 10x | as long as short |
| MEXC CYS_USDT | +0.0100% | 4h | 0.1626 | −0.330% | $1.5M | $234K | 50x | as long as short |
| KuCoin CYSUSDTMshort | +0.0100% | 4h | 0.1624 | −0.452% | $1.4M | $151K | 20x | |
| Bitget CYSUSDT | +0.0100% | 4h | 0.1623 | −0.495% | $1.7M | $728K | 25x | as long as short |
| Variational Omni CYS | +0.0100% | 4h | 0.1621 | −0.652% | $34K | $13K | — | as long as short |
| Binance CYSUSDT | +0.0105% | 4h | 0.1626 | −0.319% | $4.3M | $4.9M | 20x | as long as short |
| edgeX CYSUSDClong | +0.0117% | 4h | 0.1631 | long leg | $7K | $110K | 10x | |
| BingX CYS-USDT | +0.0428% | 4h | 0.1629 | −0.146% | — | $1.3M | — | as long as short |
| Bybit CYSUSDT | +0.0452% | 4h | 0.1627 | −0.268% | $1.5M | $1.1M | 13x | as long as short |
| Gate CYS_USDT | +0.0986% | 4h | 0.1629 | −0.146% | $634K | $118K | 20x | as long as short |
edgeX CYSUSDC
KuCoin CYSUSDTM
Aster CYSUSDT
MEXC CYS_USDT
Bitget CYSUSDT
Variational Omni CYS
Binance CYSUSDT
BingX CYS-USDT
Bybit CYSUSDT
Gate CYS_USDT