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: GRVT against KuCoin+0.234%98s7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$437as 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 KuCoin Short on GRVT

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−0.161%−$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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.175% dearer against KuCoin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.059%. 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	KuCoin EDGEUSDTM	0.5973	0.0100	pay 0.0050% / 4h	3h 09m	$2.1M	$2.2M	50x
Short	GRVT EDGE_USDT_Perp	0.5987	0.0138	get 0.0069% / 4h	3h 09m	$2K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against KuCoin. 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 KuCoinbpFee GRVTbpOrdersPrice spread, now +0.234%Rate

Funding earned: $7.98
Price spread: +0.234% → +0.059%: $17.54
Slippage, 4 orders: −$415.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$410.83
Costs to cover: 4.363%
Break-even: 367.4 days

Slippage from KuCoin: live order book, 2 min ago; GRVT: 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 KuCoin live order book, 2 min ago	4.18 bp	147.2 bp −$147	1022.7 bp −$10.2K	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	10.02 bp	58.2 bp −$58	doesn't fit	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	−0.094%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5962	−0.184%	$7.2M	$3.3M	25x	as long as short
KuCoin EDGEUSDTMlong	+0.0100%	4h	0.5973	long leg	$2.1M	$2.2M	50x
Bitget EDGEUSDT	+0.0100%	4h	0.5970	−0.050%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5975	+0.040%	$58K	$113K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5978	+0.082%	$191K	$142K	—	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5993	+0.335%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5942	−0.519%	$4K	$627K	10x	as long as short
GRVT EDGE_USDT_Perpshort	+0.0138%	4h	0.5987	+0.234%	$2K	$2.6M	10x
Aster EDGEUSDT	+0.0461%	4h	0.5975	+0.025%	$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	+0.368%	$662K	$104K	50x	as long as short
Binance EDGEUSDT	+0.0532%	4h	0.5980	+0.112%	$10.3M	$10.5M	50x	as long as short
Extended EDGE-USD	+0.0536%	1h	0.5974	+0.023%	$28K	$100K	5x	as long as short
MEXC EDGE_USDT	+0.0536%	4h	0.5978	+0.084%	$1.1M	$866K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0586%	4h	0.5974	+0.017%	$3K	$1K	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0608%	4h	0.5982	+0.151%	$3.8M	$5.9M	20x	as long as short
edgeX EDGEUSDC	+0.0612%	4h	0.5986	+0.216%	$14.3M	$3.7M	30x	as long as short