Settings8H · net · $10k
Funding arb · Price arb /

KO

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0299%/8h= +32.8% APRpaid last 24h +0.009%
Price spread now: edgeX against KuCoin+0.141%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$624as in the Funding arb table
Net, price: spread back to 7d avg − costs−$606as in the Price arb table
costs, in and out, $10k−$6086.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$17 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.141%, 7d avg +0.125%
Together, before fees−0.267%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.125%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.165%, 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 -0.165% in total (about -8.6% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KOUSDTM87.5400.0100pay 0.0100% / 8h7h 43m$55K$2.2M20x
ShortedgeX KOUSDC87.6640.0399get 0.0200% / 4h3h 43m$88K$210K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$62.86
Price spread: +0.141% → +0.125%
$1.63
Slippage, 4 orders
−$586.64
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$543.14
Costs to cover
6.076%
Break-even
67.5 days
Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 3 min ago4.57 bp304.5 bp −$304doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 54 min ago19.38 bp36.0 bp −$36doesn't fitdoesn't fitdoesn't fit

KO on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KOUSDT0.0000%8h87.590+0.057%$343K$19K25xas long as short
OKX KO-USDT-SWAP0.0000%8h87.690+0.171%$766K$321K20xas long as short
Gate KO_USDT0.0000%8h87.670+0.149%$571K$19K25xas long as short
Bitget KOUSDT0.0000%8h87.680+0.160%$543K$139K20xas long as short
HTX KO-USDT0.0000%8h87.770+0.263%$4K$365K10xas long as short
KuCoin KOUSDTMlong+0.0100%8h87.540long leg$55K$2.2M20x
Binance KOUSDT+0.0231%8h87.771+0.264%$808K$677K20xas long as short
edgeX KOUSDCshort+0.0399%4h87.664+0.141%$88K$210K10x