Funding you earn now, next payment 04:00 UTC+0.0588%/8h= +64.3% APRpaid last 24h +0.055%
Price spread now: edgeX against Gate+0.023%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1741.744% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.023%, 7d avg −0.010%
=Together, before fees−0.049%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and edgeX is 0.033% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% 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 | Gate KO_USDT | 87.400 | 0 | get 0.0000% / 8h | 7h 11m | $545K | $14K | 25x |
| Short | edgeX KOUSDC | 87.420 | 0.0588 | get 0.0294% / 4h | 3h 11m | $88K | $211K | 10x |
Gate KO_USDT
edgeX KOUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $123.4
- Price spread: +0.023% → −0.010%
- $3.3
- Slippage, 4 orders
- −$150.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$47.74
- Costs to cover
- 1.744%
- Break-even
- 9.7 days
Slippage from Gate: live order book, 60 min ago; edgeX: live order book, 61 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 Gate live order book, 60 min ago | 10.29 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 61 min ago | 6.85 bp | 25.6 bp −$26 | 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 | 87.460 | +0.069% | $808K | $588K | 20x | as long as short |
| Bybit KOUSDT | 0.0000% | 8h | 87.290 | −0.126% | $342K | $19K | 25x | as long as short |
| OKX KO-USDT-SWAP | 0.0000% | 8h | 87.490 | +0.103% | $760K | $288K | 20x | as long as short |
| Gate KO_USDTlong | 0.0000% | 8h | 87.400 | long leg | $545K | $14K | 25x | |
| Bitget KOUSDT | 0.0000% | 8h | 87.450 | +0.057% | $543K | $142K | 20x | as long as short |
| HTX KO-USDT | 0.0000% | 8h | 87.470 | +0.080% | $5K | $367K | 10x | as long as short |
| KuCoin KOUSDTM | +0.0100% | 8h | 87.320 | −0.092% | $54K | $2.2M | 20x | as long as short |
| edgeX KOUSDCshort | +0.0588% | 4h | 87.420 | +0.023% | $88K | $211K | 10x |
Binance KOUSDT
Bybit KOUSDT
OKX KO-USDT-SWAP
Bitget KOUSDT
HTX KO-USDT
KuCoin KOUSDTM