Funding you earn now, next payment 08:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.015%
Price spread now: Binance against edgeX+0.059%90s7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as 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−$810.814% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 2 days (all we have)+0.085%+$8 · spread now +0.059%, 7d avg +0.086%
=Together, before fees+0.164%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.027% cheaper against edgeX than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.086%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.079% in total) that is about 2.4 days. The two prices were read 90 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 0.079% in total (about 4.1% 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 | edgeX KOUSDC | 87.495 | −0.0254 | get 0.0127% / 4h | 3h 56m | $88K | $209K | 10x |
| Short | Binance KOUSDT | 87.547 | 0 | get 0.0000% / 8h | 3h 56m | $811K | $629K | 20x |
edgeX KOUSDC
Binance KOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $53.38
- Price spread: +0.059% → +0.086%
- −$2.69
- Slippage, 4 orders
- −$62.41
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.72
- Costs to cover
- 0.814%
- Break-even
- 11.0 days
Slippage from edgeX: live order book, 61 min ago; Binance: live order book, 66 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, 61 min ago | 12.58 bp | 28.5 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 66 min ago | 1.14 bp | 8.4 bp −$8 | 55.6 bp −$556 | 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 KOUSDClong | −0.0254% | 4h | 87.495 | long leg | $88K | $209K | 10x | |
| Binance KOUSDTshort | 0.0000% | 8h | 87.547 | +0.059% | $811K | $629K | 20x | |
| Bybit KOUSDT | 0.0000% | 8h | 87.450 | −0.051% | $343K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.500 | +0.006% | $764K | $321K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.470 | −0.028% | $551K | $15K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.480 | −0.017% | $542K | $143K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.550 | +0.063% | $4K | $368K | 10x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.350 | −0.165% | $54K | $2.2M | 20x | as long as short |
Bybit KOUSDT
OKX KO-USDT-SWAP
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
KuCoin KOUSDTM