Funding you earn now, next payment 04:00 UTC+0.0869%/8h= +95.1% APRnext payment +$4.34 per $10,000 · paid last 24h +0.107%
Price spread now: KuCoin against OKX−0.296%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$684as in the Funding arb table
Net, price: spread back to 7d avg − costs−$723as in the Price arb table
costs, in and out, $10k−$6936.926% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 7 days+0.377%+$38 · spread now −0.296%, 7d avg +0.006%
=Funding pays, the price is against you. KuCoin is 0.302% cheaper against OKX than usual: you would sell low and buy high (spread −0.296% now, against its 7-day average of +0.006%). If the spread goes back, that is −$30 on $10k: about 28 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.090% in total) that is about 24 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.34 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 | OKX EDEN-USDT-SWAP | 0.06081 | 0.0137 | pay 0.0069% / 4h | 24m 02s | $716K | $3.3M | 20x |
| Short | KuCoin EDENUSDTM | 0.06063 | 0.1006 | get 0.0503% / 4h | 24m 02s | $1.3M | $7.4M | 20x |
OKX EDEN-USDT-SWAP
KuCoin EDENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $182.42
- Price spread: −0.296% → +0.006%
- −$30.19
- Slippage, 4 orders
- −$670.58
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$540.34
- Costs to cover
- 6.926%
- Break-even
- 27.7 days
Slippage from OKX: live order book, 3 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 OKX live order book, 3 min ago | 3.31 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.14 bp | 37.5 bp −$37 | 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 | 0.06064 | −0.280% | $26K | $15K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06048 | −0.542% | $64K | $81K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06066 | −0.242% | $3.6M | $9.0M | 20x | as long as short |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06064 | −0.280% | $603K | $336K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06200 | +1.957% | $1K | $1.7M | 20x | as long as short |
| BloFin EDEN-USDT | +0.0101% | 4h | 0.06061 | −0.329% | $200K | $5K | 20x | as long as short |
| OKX EDEN-USDT-SWAPlong | +0.0137% | 4h | 0.06081 | long leg | $716K | $3.3M | 20x | |
| Gate EDEN_USDT | +0.0644% | 8h | 0.06060 | −0.345% | $219K | $472K | 20x | as long as short |
| Bybit EDENUSDT | +0.0929% | 4h | 0.06065 | −0.263% | $1.6M | $1.3M | 20x | as long as short |
| KuCoin EDENUSDTMshort | +0.1006% | 4h | 0.06063 | −0.296% | $1.3M | $7.4M | 20x |
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
BloFin EDEN-USDT
Gate EDEN_USDT
Bybit EDENUSDT