EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0628%/8h= +68.8% APRnext payment +$3.14 per $10,000 · paid last 24h +0.101%

Price spread now: Orderly against KuCoin+0.051%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Orderly is 0.051% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin EDGEUSDTM	0.5920	0.0100	pay 0.0050% / 4h	2h 24m	$2.1M	$2.2M	50x
Short	Orderly PERP_EDGE_USDC	0.5923	0.0728	get 0.0364% / 4h	2h 24m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.051%Rate

Funding earned: $131.87
Price spread: +0.051% → 0.000%: $5.07
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $118.93
Costs to cover: 0.180%
Break-even: 0.7 days

Slippage unknown: KuCoin: live order book, 7 min ago; Orderly: no order-book sample. Net counts fees only.

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, 7 min ago	5.07 bp	170.3 bp −$170	967.7 bp −$9,677	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EDGE on 16 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	0.5914	−0.100%	$44K	$18K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5915	−0.084%	$7.1M	$3.4M	25x	as long as short
KuCoin EDGEUSDTMlong	+0.0100%	4h	0.5920	long leg	$2.1M	$2.2M	50x
Bitget EDGEUSDT	+0.0100%	4h	0.5920	0.000%	$4.7M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5926	+0.095%	$58K	$105K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5914	−0.109%	$194K	$128K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5931	+0.187%	$6K	$2.0M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5924	+0.068%	$9K	$303K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.6187	+4.510%	$4K	$620K	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0503%	4h	0.5928	+0.135%	$3.7M	$5.8M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX EDGEUSDC	+0.0506%	4h	0.5937	+0.282%	$14.2M	$3.6M	30x	as long as short
Binance EDGEUSDT	+0.0511%	4h	0.5925	+0.084%	$10.1M	$10.4M	50x	as long as short
Aster EDGEUSDT	+0.0517%	4h	0.5926	+0.103%	$68K	$132K	5x	as long as short
Extended EDGE-USD	+0.0520%	1h	0.5923	+0.049%	$27K	$194K	5x	as long as short
MEXC EDGE_USDT	+0.0522%	4h	0.5926	+0.101%	$1.1M	$912K	50x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0728%	4h	0.5923	+0.051%	$3K	—	10x