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

ESP

all ESP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: edgeX against KuCoin+0.128%68s7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1811.807% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.307%−$31 on $10k
Price spread, last 3 days (all we have)−0.149%−$15 · spread now +0.128%, 7d avg −0.107%
Together, before fees−0.456%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.235% dearer against KuCoin than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.107%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPUSDTM0.094350.0100pay 0.0050% / 4h3h 12m$1.5M$49K25x
ShortedgeX ESPUSDC0.094470.0103get 0.0052% / 4h3h 12m$29K$271K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$0.73
Price spread: +0.128% → −0.107%
$23.49
Slippage, 4 orders
−$159.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$156.51
Costs to cover
1.807%
Break-even
1506.1 days
Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago9.52 bp72.0 bp −$72758.4 bp −$7,584doesn't fitdoesn't fit
Sell edgeX live order book, 60 min ago3.19 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit

ESP on 11 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
BloFin ESP-USDT+0.0088%4h0.09425−0.106%$122K$34K25xas long as short
Aster ESPUSDT+0.0100%4h0.09432−0.035%$4K$24K5xas long as short
Binance ESPUSDT+0.0100%4h0.09430−0.058%$2.4M$4.2M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.094350.000%$596K$1.2M20xas long as short
Gate ESP_USDT+0.0100%8h0.09431−0.042%$179K$616K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09428−0.074%$1.3M$111K20xas long as short
KuCoin ESPUSDTMlong+0.0100%4h0.09435long leg$1.5M$49K25x
Bitget ESPUSDT+0.0100%4h0.09430−0.050%$950K$147K20xas long as short
edgeX ESPUSDCshort+0.0103%4h0.09447+0.128%$29K$271K10x
Bybit ESPUSDT+0.1069%4h0.09417−0.191%$1.1M$602K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ESP-USDT+0.1090%4h0.09426−0.095%$1.7Mas long as short