EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.003%

Price spread now: KuCoin against GRVT−0.234%98s7-day average −0.059% · 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—prices read too far apart to compare

costs, in and out, $10k−$4364.363% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days+0.160%+$16 · spread now −0.234%, 7d avg −0.059%

Together, before fees+0.163%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.175% cheaper against GRVT than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.059%). Swap the legs. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT EDGE_USDT_Perp	0.5987	0.0138	pay 0.0069% / 4h	3h 09m	$2K	$2.6M	10x
Short	KuCoin EDGEUSDTM	0.5973	0.0100	get 0.0050% / 4h	3h 09m	$2.1M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. 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 GRVTbpFee KuCoinbpOrdersPrice spread, now −0.234%Rate

Funding earned: −$7.98
Price spread: −0.234% → −0.059%: −$17.48
Slippage, 4 orders: −$415.35
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$461.81
Costs to cover: 4.363%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; KuCoin: live order book, 2 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 GRVT live order book, 4 min ago	10.02 bp	58.9 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	4.18 bp	172.1 bp −$172	912.6 bp −$9,126	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	0.5967	−0.327%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5962	−0.418%	$7.2M	$3.3M	25x	as long as short
KuCoin EDGEUSDTMshort	+0.0100%	4h	0.5973	−0.234%	$2.1M	$2.2M	50x
Bitget EDGEUSDT	+0.0100%	4h	0.5970	−0.284%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5975	−0.194%	$58K	$113K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5978	−0.152%	$191K	$142K	—	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5993	+0.100%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5942	−0.752%	$4K	$627K	10x	as long as short
GRVT EDGE_USDT_Perplong	+0.0138%	4h	0.5987	long leg	$2K	$2.6M	10x
Aster EDGEUSDT	+0.0461%	4h	0.5975	−0.208%	$53K	$155K	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	+0.0502%	4h	0.5995	+0.134%	$662K	$104K	50x	as long as short
Binance EDGEUSDT	+0.0532%	4h	0.5980	−0.122%	$10.3M	$10.5M	50x	as long as short
Extended EDGE-USD	+0.0536%	1h	0.5974	−0.211%	$28K	$100K	5x	as long as short
MEXC EDGE_USDT	+0.0536%	4h	0.5978	−0.150%	$1.1M	$866K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0586%	4h	0.5974	−0.217%	$3K	$1K	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0608%	4h	0.5982	−0.084%	$3.8M	$5.9M	20x	as long as short
edgeX EDGEUSDC	+0.0612%	4h	0.5986	−0.019%	$14.3M	$3.7M	30x	as long as short