EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0364%/8h= −39.8% APRnext payment −$1.82 per $10,000 · paid last 24h −0.093%

Price spread now: KuCoin against Binance−0.053%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$599as in the Funding arb table

Net, price: spread back to 7d avg − costs−$577as in the Price arb table

costs, in and out, $10k−$5735.733% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.260%−$26 on $10k

Price spread, last 7 days+0.005%$0 · spread now −0.053%, 7d avg −0.012%

Together, before fees−0.255%−$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.041% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.012%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDGEUSDT	0.6007	0.0528	pay 0.0264% / 4h	0m 19s	$10.4M	$10.9M	50x
Short	KuCoin EDGEUSDTM	0.6004	0.0164	get 0.0082% / 4h	0m 19s	$2.1M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.053%Rate

Funding earned: −$76.36
Price spread: −0.053% → −0.012%: −$4.08
Slippage, 4 orders: −$551.27
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$653.71
Costs to cover: 5.733%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 6 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 Binance live order book, 10 min ago	1.67 bp	34.8 bp −$35	181.1 bp −$1,811	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	5.02 bp	293.9 bp −$294	952.5 bp −$9,525	doesn't fit	doesn't fit

EDGE on 17 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 EDGE	+0.0096%	1h	0.5992	−0.248%	$44K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5988	−0.320%	$7.3M	$3.4M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.6002	−0.087%	$4.8M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.6000	−0.115%	$58K	$122K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5991	−0.266%	$189K	$145K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5990	−0.285%	$5K	$3.2M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5999	−0.137%	$9K	$297K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5955	−0.869%	$4K	$644K	10x	as long as short
KuCoin EDGEUSDTMshort	+0.0164%	4h	0.6004	−0.053%	$2.1M	$2.2M	50x
Aster EDGEUSDT	+0.0345%	4h	0.5990	−0.290%	$52K	$153K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin EDGE-USDT	+0.0521%	4h	0.5994	−0.220%	$668K	$106K	50x	as long as short
MEXC EDGE_USDT	+0.0526%	4h	0.6005	−0.037%	$1.1M	$764K	50x	as long as short
Binance EDGEUSDTlong	+0.0528%	4h	0.6007	long leg	$10.4M	$10.9M	50x
Extended EDGE-USD	+0.0528%	1h	0.6006	−0.019%	$29K	$271K	5x	as long as short
edgeX EDGEUSDC	+0.0553%	4h	0.5994	−0.225%	$14.4M	$3.7M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0569%	4h	0.6005	−0.037%	$3.8M	$6.2M	20x	as long as short
Orderly PERP_EDGE_USDC	+0.0653%	4h	0.6003	−0.070%	$3K	$1K	10x	as long as short