EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0490%/8h= −53.7% APRnext payment −$2.45 per $10,000 · paid last 24h −0.119%

Price spread now: KuCoin against Orderly0.000%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on KuCoin

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_EDGE_USDC	0.5933	0.0590	pay 0.0295% / 4h	2h 57m	$3K	$1K	10x
Short	KuCoin EDGEUSDTM	0.5933	0.0100	get 0.0050% / 4h	2h 57m	$2.1M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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 OrderlybpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$102.9
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$120.9
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 4 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 4 min ago	4.21 bp	230.6 bp −$231	912.0 bp −$9,120	doesn't fit	doesn't fit

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 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
Backpack EDGE_USDC_PERP	−0.0844%	1h	0.5899	−0.578%	$57K	$114K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5927	−0.101%	$43K	$19K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5932	−0.017%	$7.1M	$3.4M	25x	as long as short
KuCoin EDGEUSDTMshort	+0.0100%	4h	0.5933	0.000%	$2.1M	$2.2M	50x
Bitget EDGEUSDT	+0.0100%	4h	0.5930	−0.051%	$4.7M	$1.1M	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5935	+0.033%	$187K	$144K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5944	+0.185%	$13K	$2.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5934	+0.017%	$9K	$305K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5902	−0.523%	$4K	$631K	10x	as long as short
Aster EDGEUSDT	+0.0406%	4h	0.5928	−0.077%	$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
Extended EDGE-USD	+0.0496%	1h	0.5932	−0.019%	$28K	$82K	5x	as long as short
Binance EDGEUSDT	+0.0499%	4h	0.5939	+0.101%	$10.2M	$10.5M	50x	as long as short
MEXC EDGE_USDT	+0.0508%	4h	0.5942	+0.152%	$1.1M	$811K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0530%	4h	0.5942	+0.152%	$3.7M	$5.8M	20x	as long as short
BloFin EDGE-USDT	+0.0539%	4h	0.5931	−0.034%	$660K	$103K	50x	as long as short
edgeX EDGEUSDC	+0.0566%	4h	0.5944	+0.186%	$14.2M	$3.7M	30x	as long as short
Orderly PERP_EDGE_USDClong	+0.0590%	4h	0.5933	long leg	$3K	$1K	10x