Funding you earn now, next payment 12:00 UTC−0.0404%/8h= −44.3% APRnext payment −$2.02 per $10,000 · paid last 24h −0.113%
Price spread now: KuCoin against BloFin−0.134%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$433as in the Funding arb table
Net, price: spread back to 7d avg − costs−$412as in the Price arb table
costs, in and out, $10k−$4064.065% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 4 days (all we have)−0.820%−$82 · spread now −0.134%, 7d avg −0.083%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.051% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.083%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.267% in total (about -13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.02 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 | BloFin EDGE-USDT | 0.5949 | 0.0552 | pay 0.0276% / 4h | 3h 03m | $668K | $106K | 50x |
| Short | KuCoin EDGEUSDTM | 0.5941 | 0.0148 | get 0.0074% / 4h | 3h 03m | $2.1M | $2.2M | 50x |
BloFin EDGE-USDT
KuCoin EDGEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$84.9
- Price spread: −0.134% → −0.083%
- −$5.14
- Slippage, 4 orders
- −$382.46
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$496.5
- Costs to cover
- 4.065%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; KuCoin: 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 BloFin live order book, 8 min ago | 2.53 bp | 27.0 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 4.20 bp | 191.2 bp −$191 | 912.8 bp −$9,128 | 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 | 0.5929 | −0.335% | $43K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5932 | −0.286% | $7.2M | $3.4M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5941 | −0.134% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5936 | −0.224% | $60K | $124K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5934 | −0.260% | $187K | $145K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5942 | −0.118% | $2K | $3.4M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5947 | −0.034% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5902 | −0.790% | $4K | $648K | 10x | as long as short |
| KuCoin EDGEUSDTMshort | +0.0148% | 4h | 0.5941 | −0.134% | $2.1M | $2.2M | 50x | |
| Aster EDGEUSDT | +0.0386% | 4h | 0.5942 | −0.114% | $52K | $157K | 5x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0503% | 4h | 0.5951 | +0.034% | $3.7M | $6.1M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0513% | 4h | 0.5943 | −0.103% | $14.3M | $3.8M | 30x | as long as short |
| BloFin EDGE-USDTlong | +0.0552% | 4h | 0.5949 | long leg | $668K | $106K | 50x | |
| Binance EDGEUSDT | +0.0566% | 4h | 0.5942 | −0.118% | $10.3M | $11.0M | 50x | as long as short |
| Extended EDGE-USD | +0.0568% | 1h | 0.5950 | +0.016% | $28K | $267K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0576% | 4h | 0.5941 | −0.134% | $1.1M | $737K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0664% | 4h | 0.5944 | −0.084% | $2K | $1K | 10x | as long as short |
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC
Binance EDGEUSDT
Extended EDGE-USD
MEXC EDGE_USDT
Orderly PERP_EDGE_USDC