Funding you earn now, next payment 08:00 UTC−0.0733%/8h= −80.3% APRpaid last 24h +0.075%
Price spread now: edgeX against Binance−0.080%100s7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as 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−$920.919% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 2 days (all we have)−0.041%−$4 · spread now −0.080%, 7d avg −0.085%
=Together, before fees−0.023%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KOUSDT | 87.690 | 0.0038 | pay 0.0038% / 8h | 2h 59m | $811K | $629K | 20x |
| Short | edgeX KOUSDC | 87.620 | −0.0695 | pay 0.0347% / 4h | 2h 59m | $88K | $210K | 10x |
Binance KOUSDT
edgeX KOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$153.95
- Price spread: −0.080% → −0.085%
- $0.53
- Slippage, 4 orders
- −$72.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$245.34
- Costs to cover
- 0.919%
- Break-even
- never at this rate
Slippage from Binance: live order book, 47 min ago; edgeX: live order book, 52 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 Binance live order book, 47 min ago | 1.71 bp | 12.6 bp −$13 | 55.5 bp −$555 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 52 min ago | 14.29 bp | 31.8 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
KO on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX KOUSDCshort | −0.0695% | 4h | 87.620 | −0.080% | $88K | $210K | 10x | |
| Bybit KOUSDT | 0.0000% | 8h | 87.550 | −0.160% | $343K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.670 | −0.023% | $765K | $322K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.600 | −0.103% | $552K | $15K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.620 | −0.080% | $543K | $143K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.690 | 0.000% | $5K | $367K | 10x | as long as short |
| Binance KOUSDTlong | +0.0038% | 8h | 87.690 | long leg | $811K | $629K | 20x | |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.480 | −0.239% | $53K | $2.2M | 20x | as long as short |
Bybit KOUSDT
OKX KO-USDT-SWAP
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
KuCoin KOUSDTM