Funding you earn now, next payment 04:00 UTC−0.0409%/8h= −44.7% APRnext payment −$2.04 per $10,000 · paid last 24h −0.123%
Price spread now: edgeX against KuCoin−0.331%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$401as in the Funding arb table
Net, price: spread back to 7d avg − costs−$404as in the Price arb table
costs, in and out, $10k−$3853.851% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.331%, 7d avg −0.146%
=Together, before fees+0.007%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and edgeX is 0.185% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.146%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.157% in total (about -8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EULUSDTM | 1.4187 | 0.0526 | pay 0.0263% / 4h | 46m 53s | $310K | $54K | 25x |
| Short | edgeX EULUSDC | 1.4140 | 0.0117 | get 0.0059% / 4h | 46m 53s | $17K | $273K | 10x |
KuCoin EULUSDTM
edgeX EULUSDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$85.81
- Price spread: −0.331% → −0.146%
- −$18.47
- Slippage, 4 orders
- −$364.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$489.38
- Costs to cover
- 3.851%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 35 min ago; edgeX: live order book, 11 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 KuCoin live order book, 35 min ago | 7.67 bp | 212.5 bp −$213 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 11 min ago | 7.05 bp | 15.8 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
EUL on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDT | +0.0086% | 4h | 1.4141 | −0.324% | $300K | $8K | 25x | as long as short |
| Aster EULUSDT | +0.0100% | 4h | 1.4171 | −0.115% | $36K | $7K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4148 | −0.277% | $3.2M | $5.0M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4157 | −0.211% | $1.6M | $1.3M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4160 | −0.190% | $315K | $699K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4149 | −0.268% | $487K | $122K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.4160 | −0.190% | $2.2M | $292K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.4151 | −0.254% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4172 | −0.106% | $12K | $1K | — | as long as short |
| HTX EUL-USDT | +0.0100% | 4h | 1.4204 | +0.120% | $129K | $43K | 10x | as long as short |
BloFin EUL-USDT
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
HTX EUL-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EULUSDCshort | +0.0117% | 4h | 1.4140 | −0.331% | $17K | $273K | 10x | |
| KuCoin EULUSDTMlong | +0.0526% | 4h | 1.4187 | long leg | $310K | $54K | 25x |