Funding you earn now, next payment 08:00 UTC−0.0334%/8h= −36.6% APRnext payment −$1.67 per $10,000 · paid last 24h +0.002%
Price spread now: KuCoin against Bybit+0.266%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$706as in the Funding arb table
Net, price: spread back to 7d avg − costs−$670as in the Price arb table
costs, in and out, $10k−$7017.008% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days−0.287%−$29 · spread now +0.266%, 7d avg −0.040%
=The price spread pays, funding is against you. KuCoin is 0.306% dearer against Bybit than usual: you sell high and buy low (spread +0.266% now, against its 7-day average of −0.040%): +$31 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.047% in total) that is about 45 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit EDENUSDT | 0.06011 | 0.0904 | pay 0.0452% / 4h | 39m 57s | $1.6M | $1.4M | 20x |
| Short | KuCoin EDENUSDTM | 0.06027 | 0.0570 | get 0.0285% / 4h | 39m 57s | $1.3M | $7.8M | 20x |
Bybit EDENUSDT
KuCoin EDENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$70.19
- Price spread: +0.266% → −0.040%
- $30.63
- Slippage, 4 orders
- −$677.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$740.37
- Costs to cover
- 7.008%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 8 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 Bybit live order book, 1 min ago | 8.30 bp | 105.9 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 3.29 bp | 49.5 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
EDEN 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDEN | +0.0096% | 1h | 0.06024 | +0.216% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06010 | −0.013% | $61K | $80K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06010 | −0.013% | $3.6M | $9.7M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06008 | −0.050% | $551K | $355K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06160 | +2.479% | $1K | $1.7M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0130% | 4h | 0.06019 | +0.133% | $204K | $8K | 20x | as long as short |
| Gate EDEN_USDT | +0.0260% | 8h | 0.06029 | +0.299% | $220K | $483K | 20x | as long as short |
| OKX EDEN-USDT-SWAP | +0.0307% | 4h | 0.06011 | 0.000% | $711K | $3.1M | 20x | as long as short |
| KuCoin EDENUSDTMshort | +0.0570% | 4h | 0.06027 | +0.266% | $1.3M | $7.8M | 20x | |
| Bybit EDENUSDTlong | +0.0904% | 4h | 0.06011 | long leg | $1.6M | $1.4M | 20x |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
BloFin EDEN-USDT
Gate EDEN_USDT
OKX EDEN-USDT-SWAP