Funding you earn now, next payment 04:00 UTC−0.0969%/8h= −106.1% APRpaid last 24h +0.015%
Price spread now: Gate against edgeX+0.003%82s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as 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−$1411.412% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.003%, 7d avg +0.008%
=Together, before fees+0.019%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you. The two prices were read 82 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 0.065% in total (about 3.4% 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 | 87.478 | 0.0969 | pay 0.0485% / 4h | 0m 14s | $88K | $210K | 10x |
| Short | Gate KO_USDT | 87.480 | 0 | get 0.0000% / 8h | 4h 00m | $551K | $15K | 25x |
edgeX KOUSDC
Gate KO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$203.54
- Price spread: +0.003% → +0.008%
- −$0.58
- Slippage, 4 orders
- −$117.16
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$345.28
- Costs to cover
- 1.412%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 57 min ago; Gate: live order book, 56 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, 57 min ago | 12.58 bp | 28.5 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 56 min ago | 8.58 bp | 35.0 bp −$35 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KOUSDT | 0.0000% | 8h | 87.570 | +0.106% | $811K | $626K | 20x | as long as short |
| Bybit KOUSDT | 0.0000% | 8h | 87.480 | +0.003% | $343K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.500 | +0.026% | $764K | $321K | 20x | as long as short |
| Gate KO_USDTshort | 0.0000% | 8h | 87.480 | +0.003% | $551K | $15K | 25x | |
| Bitget KOUSDT | 0.0000% | 8h | 87.510 | +0.037% | $542K | $143K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.580 | +0.117% | $4K | $367K | 10x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.380 | −0.112% | $53K | $2.2M | 20x | as long as short |
| edgeX KOUSDClong | +0.0969% | 4h | 87.478 | long leg | $88K | $210K | 10x |
Binance KOUSDT
Bybit KOUSDT
OKX KO-USDT-SWAP
Bitget KOUSDT
HTX KO-USDT
KuCoin KOUSDTM