Funding arb · Price arb /

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: edgeX against KuCoin+0.080%53s7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as 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−$850.854% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.080%, 7d avg −0.065%

Together, before fees−0.031%+ Points / potential airdropedgeX: Active · farm board−$3 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 0.145% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.065%. 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	KuCoin REUSDTM	0.4705	0.0100	pay 0.0050% / 4h	1h 12m	$1.4M	$972K	20x
Short	edgeX REUSDC	0.4709	0.0100	get 0.0050% / 4h	1h 12m	$8K	$221K	10x

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

Position, each leg$Hold fordaysFee KuCoinbpFee edgeXbpOrdersPrice spread, now +0.080%Rate

Funding earned: $0
Price spread: +0.080% → −0.065%: $14.54
Slippage, 4 orders: −$64.43
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$70.89
Costs to cover: 0.854%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 49 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, 3 min ago	3.93 bp	33.3 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 49 min ago	3.19 bp	11.7 bp −$12	doesn't fit	doesn't fit	doesn't fit

RE on 14 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
gTrade (Gains Network) RE/USD	L −0.0025% / S +0.0026%	1h	0.4705	−0.004%	—	—	150x	as long as short
Aster REUSDT	+0.0100%	4h	0.4705	+0.003%	$35K	$27K	20x	as long as short
Binance REUSDT	+0.0100%	4h	0.4703	−0.043%	$8.4M	$8.5M	50x	as long as short
Bybit REUSDT	+0.0100%	4h	0.4702	−0.064%	$1.5M	$1.3M	20x	as long as short
OKX RE-USDT-SWAP	+0.0100%	4h	0.4702	−0.057%	$1.9M	$3.5M	20x	as long as short
Gate RE_USDT	+0.0100%	4h	0.4707	+0.036%	$423K	$958K	20x	as long as short
MEXC RE_USDT	+0.0100%	4h	0.4703	−0.043%	$1.2M	$438K	50x	as long as short
KuCoin REUSDTMlong	+0.0100%	4h	0.4705	long leg	$1.4M	$972K	20x
Bitget REUSDT	+0.0100%	4h	0.4708	+0.062%	$1.8M	$612K	20x	as long as short
BingX RE-USDT	+0.0100%	4h	0.4703	−0.043%	—	$1.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX REUSDCshort	+0.0100%	4h	0.4709	+0.080%	$8K	$221K	10x
Orderly PERP_RE_USDC_mythos	+0.0100%	4h	0.4704	−0.021%	$4K	—	10x	as long as short
Extended RE-USD	+0.0104%	1h	0.4702	−0.067%	$800	—	5x	as long as short
BloFin RE-USDT	+0.0129%	4h	0.4703	−0.043%	$371K	$69K	50x	as long as short