Funding you earn now, next payment 08:00 UTC−0.0131%/8h= −14.3% APRpaid last 24h −0.075%
Price spread now: Bybit against edgeX−0.110%81s7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as 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−$1931.933% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.110%, 7d avg −0.041%
=Together, before fees−0.007%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.069% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.041%). Swap the legs. The two prices were read 81 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 | edgeX KOUSDC | 87.746 | 0.0131 | pay 0.0065% / 4h | 2h 18m | $89K | $209K | 10x |
| Short | Bybit KOUSDT | 87.650 | 0 | get 0.0000% / 8h | 2h 18m | $344K | $19K | 25x |
edgeX KOUSDC
Bybit KOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$27.46
- Price spread: −0.110% → −0.041%
- −$6.88
- Slippage, 4 orders
- −$173.31
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$227.66
- Costs to cover
- 1.933%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 29 min ago; Bybit: live order book, 21 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, 29 min ago | 19.41 bp | 39.1 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 21 min ago | 4.57 bp | 17.7 bp −$18 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit KOUSDTshort | 0.0000% | 8h | 87.650 | −0.110% | $344K | $19K | 25x | |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.720 | −0.030% | $765K | $321K | 20x | as long as short |
| Gate KO_USDT | 0.0000% | 8h | 87.680 | −0.075% | $554K | $16K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.740 | −0.007% | $543K | $143K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.770 | +0.027% | $5K | $366K | 10x | as long as short |
| Binance KOUSDT | +0.0015% | 8h | 87.770 | +0.027% | $797K | $649K | 20x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.570 | −0.201% | $54K | $2.2M | 20x | as long as short |
| edgeX KOUSDClong | +0.0131% | 4h | 87.746 | long leg | $89K | $209K | 10x |
OKX KO-USDT-SWAP
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
Binance KOUSDT
KuCoin KOUSDTM