Funding you earn now, next payment 12:00 UTC−0.0150%/8h= −16.4% APRpaid last 24h −0.042%
Price spread now: edgeX against KuCoin−0.081%53s7-day average +0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$531as 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−$4874.867% of the position
Funding, last 7 days−0.446%−$45 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.081%, 7d avg +0.130%
=Together, before fees−0.299%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and edgeX is 0.210% cheaper against KuCoin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.130%). Swap the legs. The two prices were read 53 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 | KuCoin MARAUSDTM | 13.190 | 0.0100 | pay 0.0100% / 8h | 4h 44m | $26K | $3.0M | 20x |
| Short | edgeX MARAUSDC | 13.179 | −0.0050 | pay 0.0025% / 4h | 44m 43s | $15K | $310K | 10x |
KuCoin MARAUSDTM
edgeX MARAUSDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$31.54
- Price spread: −0.081% → +0.130%
- −$21.03
- Slippage, 4 orders
- −$465.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$539.28
- Costs to cover
- 4.867%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 9.10 bp | 148.9 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 61 min ago | 15.12 bp | 52.4 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
MARA on 10 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MARAUSDCshort | −0.0050% | 4h | 13.179 | −0.081% | $15K | $310K | 10x | |
| Binance MARAUSDT | 0.0000% | 8h | 13.172 | −0.133% | $184K | $451K | 20x | as long as short |
| Bybit MARAUSDT | 0.0000% | 8h | 13.180 | −0.076% | $262K | $113K | 25x | as long as short |
| OKX MARA-USDT-SWAP | 0.0000% | 8h | 13.180 | −0.076% | $60K | $178K | 10x | as long as short |
| Gate MARA_USDT | 0.0000% | 8h | 13.198 | +0.061% | $30K | $12K | 20x | as long as short |
| Bitget MARAUSDT | 0.0000% | 8h | 13.175 | −0.114% | $85K | $2.0M | 20x | as long as short |
| HTX MARA-USDT | 0.0000% | 8h | 13.170 | −0.152% | $5K | $243K | 20x | as long as short |
| Phemex MARAUSDT | 0.0000% | 8h | 13.180 | −0.076% | $379K | $37K | 20x | as long as short |
| Extended MARA-USD | +0.0040% | 1h | 13.169 | −0.159% | $1K | — | 5x | as long as short |
| KuCoin MARAUSDTMlong | +0.0100% | 8h | 13.190 | long leg | $26K | $3.0M | 20x |
Binance MARAUSDT
Bybit MARAUSDT
OKX MARA-USDT-SWAP
Gate MARA_USDT
Bitget MARAUSDT
HTX MARA-USDT
Phemex MARAUSDT
Extended MARA-USD