Funding you earn now, next payment 12:00 UTC−0.0987%/8h= −108.1% APRpaid last 24h +0.034%
Price spread now: edgeX against Bybit+0.077%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1581.580% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.077%, 7d avg +0.043%
=Together, before fees+0.002%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.034% dearer against Bybit than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of +0.043%): +$3 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.003% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KOUSDT | 87.560 | 0 | get 0.0000% / 8h | 4h 50m | $349K | $19K | 25x |
| Short | edgeX KOUSDC | 87.628 | −0.0987 | pay 0.0493% / 4h | 50m 53s | $88K | $208K | 10x |
Bybit KOUSDT
edgeX KOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- −$207.27
- Price spread: +0.077% → +0.043%
- $3.37
- Slippage, 4 orders
- −$137.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$361.88
- Costs to cover
- 1.580%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 47 min ago; edgeX: live order book, 54 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 Bybit live order book, 47 min ago | 10.28 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 54 min ago | 10.27 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
KO on 8 exchanges
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 | −0.0987% | 4h | 87.628 | +0.077% | $88K | $208K | 10x | |
| Bybit KOUSDTlong | 0.0000% | 8h | 87.560 | long leg | $349K | $19K | 25x | |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.600 | +0.046% | $773K | $302K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.560 | 0.000% | $575K | $22K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.600 | +0.046% | $543K | $23K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.630 | +0.080% | $4K | $362K | 10x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.450 | −0.126% | $65K | $2.5M | 20x | as long as short |
| Binance KOUSDT | +0.0142% | 8h | 87.630 | +0.080% | $846K | $704K | 20x | as long as short |
OKX KO-USDT-SWAP
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
KuCoin KOUSDTM
Binance KOUSDT