Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against KuCoin−0.338%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$970.975% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.524%+$52 · spread now −0.338%, 7d avg −0.030%
=Together, before fees+0.526%+ Points / potential airdropedgeX: Active · farm board+$53 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 0.308% cheaper against KuCoin than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin OPUSDTM | 0.1260 | 0.0100 | pay 0.0100% / 8h | 2h 35m | $2.9M | $6.4M | 75x |
| Short | edgeX OPUSDC | 0.1256 | 0.0100 | get 0.0050% / 4h | 2h 35m | $380K | $769K | 10x |
KuCoin OPUSDTM
edgeX OPUSDCFunding 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
- $0
- Price spread: −0.338% → −0.030%
- −$30.83
- Slippage, 4 orders
- −$76.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$128.32
- Costs to cover
- 0.975%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; edgeX: live order book, 13 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, 7 min ago | 3.99 bp | 36.9 bp −$37 | 93.6 bp −$936 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 13 min ago | 3.92 bp | 12.1 bp −$12 | 71.8 bp −$718 | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1583% | 1h | 0.1243 | −1.349% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1259 | −0.080% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1263 | +0.214% | $39K | $532 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1259 | −0.079% | $40K | $139K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1259 | −0.056% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0026% | 8h | 0.1258 | −0.159% | $59K | $143K | 10x | as long as short |
| Variational Omni OP | +0.0030% | 8h | 0.1257 | −0.234% | $222K | $48K | — | as long as short |
| Kraken Futures PF_OPUSD | +0.0074% | 1h | 0.1260 | −0.015% | $764K | $619K | 20x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1262 | +0.190% | $291K | $987K | 15x | as long as short |
| OKX OP-USDT-SWAP | +0.0098% | 8h | 0.1262 | +0.167% | $6.2M | $28.9M | 50x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
Variational Omni OP
Kraken Futures PF_OPUSD
Lighter OP
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1262 | +0.151% | $3.5M | $2.8M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1262 | +0.171% | $209K | $218K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1262 | +0.158% | $19.8M | $63.6M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1261 | +0.079% | $18.7M | $25.4M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1262 | +0.159% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1262 | +0.151% | $23.1M | $7.6M | 300x | as long as short |
| KuCoin OPUSDTMlong | +0.0100% | 8h | 0.1260 | long leg | $2.9M | $6.4M | 75x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1262 | +0.159% | $5.8M | $6.6M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1262 | +0.159% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1259 | −0.079% | $106K | $215K | 10x | as long as short |
| edgeX OPUSDCshort | +0.0100% | 4h | 0.1256 | −0.338% | $380K | $769K | 10x | |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1259 | −0.079% | $319K | $5.2M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1249 | −0.873% | $43K | $703K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1258 | −0.127% | $198 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1260 | +0.024% | $173K | $236K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1261 | +0.105% | $101K | $505K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1258 | −0.137% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1245 | −1.190% | $26K | $60K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1258 | −0.167% | $1.0M | $277K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1257 | −0.199% | $699 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP