EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.76 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against KuCoin−0.118%7-day average −0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$368as in the Funding arb table

Net, price: spread back to 7d avg − costs−$369as in the Price arb table

costs, in and out, $10k−$3673.669% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.118%, 7d avg −0.099%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.099%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin EDGEUSDTM	0.5911	0.0252	pay 0.0126% / 4h	1h 42m	$2.1M	$2.3M	50x
Short	Bybit EDGEUSDT	0.5904	0.0100	get 0.0050% / 4h	1h 42m	$7.0M	$3.3M	25x

Funding history

latest

Range statsloading…

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee KuCoinbpFee BybitbpOrdersPrice spread, now −0.118%Rate

Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 6 min ago.

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, 4 min ago	5.11 bp	134.5 bp −$134	926.8 bp −$9,268	doesn't fit	doesn't fit
Sell Bybit live order book, 6 min ago	2.56 bp	79.1 bp −$79	259.6 bp −$2,596	doesn't fit	doesn't fit

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	0.5897	−0.233%	$55K	$8K	3x	as long as short
Bybit EDGEUSDTshort	+0.0100%	4h	0.5904	−0.118%	$7.0M	$3.3M	25x
Bitget EDGEUSDT	+0.0100%	4h	0.5916	+0.085%	$4.7M	$993K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5903	−0.130%	$60K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5856	−0.931%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5873	−0.643%	$8K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5878	−0.558%	$8K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5860	−0.863%	$3K	$604K	10x	as long as short
KuCoin EDGEUSDTMlong	+0.0252%	4h	0.5911	long leg	$2.1M	$2.3M	50x
BloFin EDGE-USDT	+0.0388%	4h	0.5903	−0.135%	$632K	$125K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EDGE-USD	+0.0424%	1h	0.5913	+0.033%	$27K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0424%	4h	0.5916	+0.085%	$1.2M	$919K	50x	as long as short
Binance EDGEUSDT	+0.0424%	4h	0.5920	+0.152%	$10.1M	$10.1M	50x	as long as short
Aster EDGEUSDT	+0.0445%	4h	0.5900	−0.193%	$68K	$136K	5x	as long as short
edgeX EDGEUSDC	+0.0456%	4h	0.5874	−0.633%	$14.0M	$3.4M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0492%	4h	0.5902	−0.152%	$3K	—	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0508%	4h	0.5918	+0.118%	$3.6M	$5.8M	20x	as long as short