Settings8H · net · $10k
Funding arb · Price arb /

CYS

all CYS markets
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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$3823.823% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CYSUSDC0.16310.0117pay 0.0058% / 4h2h 36m$7K$110K10x
ShortKuCoin CYSUSDTM0.16240.0100get 0.0050% / 4h2h 36m$1.4M$151K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 10 min ago12.42 bp85.4 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago21.52 bp139.6 bp −$140doesn't fitdoesn't fitdoesn't fit

CYS on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CYSUSDT+0.0100%4h0.1628−0.237%$259K$88K10xas long as short
MEXC CYS_USDT+0.0100%4h0.1626−0.330%$1.5M$234K50xas long as short
KuCoin CYSUSDTMshort+0.0100%4h0.1624−0.452%$1.4M$151K20x
Bitget CYSUSDT+0.0100%4h0.1623−0.495%$1.7M$728K25xas long as short
Variational Omni CYS+0.0100%4h0.1621−0.652%$34K$13Kas long as short
Binance CYSUSDT+0.0105%4h0.1626−0.319%$4.3M$4.9M20xas long as short
edgeX CYSUSDClong+0.0117%4h0.1631long leg$7K$110K10x
BingX CYS-USDT+0.0428%4h0.1629−0.146%$1.3Mas long as short
Bybit CYSUSDT+0.0452%4h0.1627−0.268%$1.5M$1.1M13xas long as short
Gate CYS_USDT+0.0986%4h0.1629−0.146%$634K$118K20xas long as short