Funding you earn now, next payment 04:00 UTC+0.0315%/8h= +34.5% APRpaid last 24h +0.106%
Price spread now: edgeX against KuCoin+0.167%68s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as 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−$1881.881% of the position
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.167%, 7d avg +0.007%
=Together, before fees+0.351%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and edgeX is 0.160% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 68 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 COINUSDTM | 197.60 | 0.0100 | pay 0.0100% / 8h | 5h 26m | $995K | $143K | 20x |
| Short | edgeX COINUSDC | 197.93 | 0.0415 | get 0.0208% / 4h | 1h 26m | $51K | $296K | 10x |
KuCoin COINUSDTM
edgeX COINUSDCFunding 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
- $66.25
- Price spread: +0.167% → +0.007%
- $16.03
- Slippage, 4 orders
- −$167.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$105.87
- Costs to cover
- 1.881%
- Break-even
- 18.2 days
Slippage from KuCoin: live order book, 8 min ago; edgeX: live order book, 37 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, 8 min ago | 18.24 bp | 88.7 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 5.56 bp | 10.5 bp −$11 | 16.2 bp −$162 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0751% | 8h | 197.79 | +0.096% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.22 | −0.192% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0200% | 8h | 197.76 | +0.081% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0089% | 1h | 197.18 | −0.213% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.79 | +0.095% | $349K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.67 | +0.034% | $117K | $696K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.72 | +0.061% | $15.0M | $78.5M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.77 | +0.086% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.79 | +0.096% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.92 | +0.164% | $686K | $1.0M | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.00 | +0.202% | $19K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.70 | +0.051% | $1.3M | $3.4M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.58 | −0.011% | $366K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.57 | −0.015% | $452K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.86 | +0.132% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.75 | +0.076% | $15.6M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.64 | +0.020% | $128K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.67 | +0.035% | $79 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.46 | −0.071% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTMlong | +0.0100% | 8h | 197.60 | long leg | $995K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.98 | +0.192% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.68 | +0.040% | $572 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.63 | +0.016% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.61 | +0.005% | $188K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 197.81 | +0.106% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDCshort | +0.0415% | 4h | 197.93 | +0.167% | $51K | $296K | 10x |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN