Funding you earn now, next payment 08:00 UTC−0.0676%/8h= −74.1% APRpaid last 24h −0.075%
Price spread now: OKX against edgeX+0.005%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$980.984% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.005%, 7d avg +0.040%
=Together, before fees−0.060%+ Points / potential airdropedgeX: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and OKX is 0.035% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.029% in total (about -1.5% 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 | 87.625 | 0.0676 | pay 0.0338% / 4h | 2h 51m | $88K | $209K | 10x |
| Short | OKX KO-USDT-SWAP | 87.630 | 0 | get 0.0000% / 8h | 2h 51m | $765K | $322K | 20x |
edgeX KOUSDC
OKX KO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$142.06
- Price spread: +0.005% → +0.040%
- −$3.51
- Slippage, 4 orders
- −$79.37
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$243.93
- Costs to cover
- 0.984%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 60 min ago; OKX: live order book, 60 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, 60 min ago | 14.29 bp | 32.6 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 60 min ago | 3.43 bp | 16.4 bp −$16 | 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 KOUSDT | 0.0000% | 8h | 87.550 | −0.086% | $343K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAPshort | 0.0000% | 8h | 87.630 | +0.005% | $765K | $322K | 20x | |
| Gate KO_USDT | 0.0000% | 8h | 87.570 | −0.063% | $552K | $15K | 25x | as long as short |
| Bitget KOUSDT | 0.0000% | 8h | 87.630 | +0.005% | $543K | $143K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.650 | +0.028% | $5K | $367K | 10x | as long as short |
| Binance KOUSDT | +0.0035% | 8h | 87.658 | +0.037% | $805K | $637K | 20x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.470 | −0.177% | $53K | $2.2M | 20x | as long as short |
| edgeX KOUSDClong | +0.0676% | 4h | 87.625 | long leg | $88K | $209K | 10x |
Bybit KOUSDT
Gate KO_USDT
Bitget KOUSDT
HTX KO-USDT
Binance KOUSDT
KuCoin KOUSDTM