Funding you earn now, next payment 04:00 UTC−0.0189%/8h= −20.7% APRpaid last 24h −0.186%
Price spread now: KuCoin against edgeX−0.124%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$2142.138% of the position
Funding, last 7 days−0.500%−$50 on $10k
+Price spread, last 3 days (all we have)+0.090%+$9 · spread now −0.124%, 7d avg −0.003%
=Together, before fees−0.410%+ Points / potential airdropedgeX: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and KuCoin is 0.121% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 200.57 | 0.0289 | pay 0.0144% / 4h | 3h 00m | $52K | $295K | 10x |
| Short | KuCoin COINUSDTM | 200.32 | 0.0100 | get 0.0100% / 8h | 7h 00m | $1.0M | $120K | 20x |
edgeX COINUSDC
KuCoin COINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- −$39.69
- Price spread: −0.124% → −0.003%
- −$12.13
- Slippage, 4 orders
- −$192.76
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$265.58
- Costs to cover
- 2.138%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 7 min ago; KuCoin: live order book, 4 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 edgeX live order book, 7 min ago | 5.72 bp | 10.6 bp −$11 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 11.69 bp | 127.2 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
COIN on 26 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 COIN/USDC PERP | −0.0440% | 1h | 200.34 | −0.114% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 200.26 | −0.154% | $367K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 200.14 | −0.211% | $119K | $705K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 200.19 | −0.187% | $15.6M | $75.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 200.16 | −0.204% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 200.20 | −0.184% | $3.2M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 200.27 | −0.149% | $1.3M | $6.9M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 200.25 | −0.159% | $6.8M | $9.1M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 200.23 | −0.169% | $830K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 200.95 | +0.189% | $13K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 200.29 | −0.139% | $1.4M | $3.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 200.17 | −0.199% | $431K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 200.71 | +0.071% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 200.11 | −0.229% | — | $286K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 200.13 | −0.219% | $16.8M | $12.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 200.18 | −0.194% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 200.25 | −0.159% | $101 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 200.07 | −0.249% | $355K | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0080% | 1h | 200.10 | −0.232% | $395K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 200.32 | −0.124% | $1.0M | $120K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 200.36 | −0.104% | $90K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 200.21 | −0.179% | $579 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 200.25 | −0.158% | $118 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 200.21 | −0.179% | $199K | $339K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 200.79 | +0.110% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDClong | +0.0289% | 4h | 200.57 | long leg | $52K | $295K | 10x |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Lighter COIN
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN