Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against edgeX+0.197%53s7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as 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−$1831.827% of the position
Funding, last 7 days+0.307%+$31 on $10k
+Price spread, last 3 days (all we have)−0.176%−$18 · spread now +0.197%, 7d avg +0.107%
=Together, before fees+0.131%+ Points / potential airdropedgeX: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.090% dearer against edgeX than usual: you sell high and buy low (spread +0.197% now, against its 7-day average of +0.107%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 19 days. Mind the row above: over the last 7 days funding on this pair paid +0.307%, so the current rate has only just turned against you. The two prices were read 53 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 | edgeX ESPUSDC | 0.09342 | 0.0116 | pay 0.0058% / 4h | 2h 50m | $29K | $269K | 10x |
| Short | KuCoin ESPUSDTM | 0.09360 | 0.0100 | get 0.0050% / 4h | 2h 50m | $1.5M | $50K | 25x |
edgeX ESPUSDC
KuCoin ESPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.29
- Price spread: +0.197% → +0.107%
- $9.02
- Slippage, 4 orders
- −$161.67
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$176.94
- Costs to cover
- 1.827%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 17 min ago; KuCoin: live order book, 10 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 edgeX live order book, 17 min ago | 3.17 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 16.52 bp | 76.0 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ESPUSDT | +0.0100% | 4h | 0.09360 | +0.195% | $6K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09359 | +0.187% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09366 | +0.261% | $592K | $1.2M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09355 | +0.144% | $176K | $600K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09362 | +0.219% | $1.2M | $116K | 20x | as long as short |
| KuCoin ESPUSDTMshort | +0.0100% | 4h | 0.09360 | +0.197% | $1.5M | $50K | 25x | |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09363 | +0.235% | $944K | $152K | 20x | as long as short |
| edgeX ESPUSDClong | +0.0116% | 4h | 0.09342 | long leg | $29K | $269K | 10x | |
| BloFin ESP-USDT | +0.0159% | 4h | 0.09351 | +0.101% | $123K | $34K | 25x | as long as short |
| BingX ESP-USDT | +0.0362% | 4h | 0.09355 | +0.144% | — | $1.7M | — | as long as short |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
Bitget ESPUSDT
BloFin ESP-USDT
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.0373% | 4h | 0.09342 | +0.005% | $1.1M | $617K | 50x | as long as short |
Bybit ESPUSDT