Funding you earn now, next payment 12:00 UTC−0.0304%/8h= −33.3% APRnext payment −$1.52 per $10,000 · paid last 24h −0.115%
Price spread now: OKX against KuCoin−0.199%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$436as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4204.195% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.199%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and OKX is 0.197% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.167% in total (about -8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.52 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 | KuCoin EDENUSDTM | 0.06028 | 0.0404 | pay 0.0202% / 4h | 3h 34m | $1.4M | $7.8M | 20x |
| Short | OKX EDEN-USDT-SWAP | 0.06016 | 0.0100 | get 0.0050% / 4h | 3h 34m | $709K | $3.1M | 20x |
KuCoin EDENUSDTM
OKX EDEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$63.84
- Price spread: −0.199% → −0.002%
- −$19.66
- Slippage, 4 orders
- −$397.54
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$503.04
- Costs to cover
- 4.195%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 5.78 bp | 304.9 bp −$305 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.65 bp | 48.1 bp −$48 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDEN-USDT | +0.0090% | 4h | 0.06036 | +0.133% | $203K | $13K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06024 | −0.066% | $26K | $12K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06002 | −0.426% | $61K | $79K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06001 | −0.447% | $3.5M | $9.7M | 20x | as long as short |
| OKX EDEN-USDT-SWAPshort | +0.0100% | 4h | 0.06016 | −0.199% | $709K | $3.1M | 20x | |
| Gate EDEN_USDT | +0.0100% | 8h | 0.06027 | −0.017% | $222K | $477K | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06022 | −0.100% | $545K | $356K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06170 | +2.356% | $1K | $1.7M | 20x | as long as short |
| Bybit EDENUSDT | +0.0232% | 4h | 0.06012 | −0.265% | $1.7M | $1.4M | 20x | as long as short |
| KuCoin EDENUSDTMlong | +0.0404% | 4h | 0.06028 | long leg | $1.4M | $7.8M | 20x |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
Gate EDEN_USDT
MEXC EDEN_USDT
SunX EDEN-USDT
Bybit EDENUSDT