Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.84 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against SunX−4.342%7-day average −0.424% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+3.067%+$307 · spread now −4.342%, 7d avg −0.424%
Together, before fees+3.067%+$307 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 3.917% cheaper against SunX than usual: you would sell low and buy high (spread −4.342% now, against its 7-day average of −0.424%). If the spread goes back, that is −$392 on $10k: about 3 months of funding at the current rate (+$5 a day). At the pace of the last 7 days (0.000% in total) that is about years.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EDGE-USDT0.62650.0100pay 0.0050% / 4h53m 53s$4K$610K10x
ShortKuCoin EDGEUSDTM0.59930.0268get 0.0134% / 4h53m 53s$2.1M$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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

Funding earned
$35.28
Price spread: −4.342% → −0.424%
−$391.73
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$376.45
Costs to cover
0.200%
Break-even
81.7 days
Slippage unknown: SunX: live order book, 7 min ago; KuCoin: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago500.93 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago4.19 bp99.8 bp −$100903.7 bp −$9,037doesn't fitdoesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter EDGE+0.0096%1h0.5973−4.666%$55K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5982−4.517%$7.1M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5984−4.485%$4.7M$1.0M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5991−4.369%$58K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5938−5.224%$193K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5934−5.283%$12K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5937−5.235%$8K$290K50xas long as short
SunX EDGE-USDTlong+0.0100%4h0.6265long leg$4K$610K10x
KuCoin EDGEUSDTMshort+0.0268%4h0.5993−4.342%$2.1M$2.3M50x
BloFin EDGE-USDT+0.0583%4h0.5979−4.565%$642K$127K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EDGE-USD+0.0600%1h0.5989−4.399%$27K$230K5xas long as short
MEXC EDGE_USDT+0.0602%4h0.5993−4.342%$1.2M$914K50xas long as short
Binance EDGEUSDT+0.0603%4h0.5992−4.358%$10.2M$10.1M50xas long as short
Aster EDGEUSDT+0.0629%4h0.5981−4.539%$69K$136K5xas long as short
Orderly PERP_EDGE_USDC+0.0642%4h0.5992−4.358%$3K10xas long as short
edgeX EDGEUSDC+0.0661%4h0.5933−5.292%$14.2M$3.4M30xas long as short
OKX EDGE-USDT-SWAP+0.0736%4h0.5999−4.246%$3.7M$5.9M20xas long as short