Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3159 | +0.0100 | pay 0.0050% / 4h | 2h 18m | $1.1M | $2.9M | 50x | Long KuCoin | |
| SHORT | 0.3158 | −0.0248 | pay 0.0124% / 4h | 2h 18m | $1K | $140K | 10x | Short edgeX |
Price gap−0.023%78s
Funding gap−0.0348% /8h
The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $10 a day and eats that in about 38 hours. At the last 7 days' pace that is about 19 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0348% /8h now · paid −0.059% over the last 7D
Price—spread −0.023%78s now · prices read too far apart to compare
Costs−$1751.749% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.059% in total, about −0.0028%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.023%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMET on 21 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size87.9 / 26.7 bpAt $10k entering KuCoin costs 87.9 bp, fee and slippage, 3.3× edgeX’s.
- Note: Margin at max leverage$200 + $1,000KuCoin 50x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$10.43Long KuCoin: 6 payments, −$3.00; short edgeX: 6 payments, −$7.43.
- Watch: Prices read 78 s apart−0.023% vs −0.187%Part of this gap may be the market moving.
- Watch: Short leg is thinner$1K vs $1.1M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · edgeX NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0028%/8h × 21 periods−$5.89
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$153.88
Fee KuCoin bp × 2 orders−$12.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$180.77
price spread not counted: prices read too far apartCosts to cover1.749%Break-evennever at this rate
Slippage: KuCoin: live order book, 5 min ago; edgeX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin4.7587.9 bp−$88doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTedgeX6.3426.7 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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| 10-09 09:44 | edgeX | Listing | new market METUSDC ($MET) seen by our collector |
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