Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.9% APRnext payment −$0.86 per $10,000 · paid last 24h −0.129%
Price spread now: KuCoin against edgeX−0.049%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$626as in the Funding arb table
Net, price: spread back to 7d avg − costs−$545as in the Price arb table
costs, in and out, $10k−$5375.373% of the position
Funding, last 7 days−0.888%−$89 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now −0.049%, 7d avg +0.025%
=Together, before fees−0.741%+ Points / potential airdropedgeX: Active · farm board−$74 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 KuCoin is 0.074% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TENCENTUSDC | 57.858 | 0.0272 | pay 0.0136% / 4h | 2h 11m | $119K | $212K | 10x |
| Short | KuCoin TENCENTUSDTM | 57.830 | 0.0100 | get 0.0050% / 4h | 2h 11m | $123K | $690K | 20x |
edgeX TENCENTUSDC
KuCoin TENCENTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$36.17
- Price spread: −0.049% → +0.025%
- −$7.37
- Slippage, 4 orders
- −$516.26
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$580.8
- Costs to cover
- 5.373%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 36 min ago; KuCoin: live order book, 58 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, 36 min ago | 5.14 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 58 min ago | 8.48 bp | 224.9 bp −$225 | doesn't fit | doesn't fit | doesn't fit |
TENCENT on 9 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 TENCENTUSDT | 0.0000% | 8h | 57.910 | +0.089% | $254K | $266K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 57.920 | +0.107% | $1.7M | $684K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 57.910 | +0.089% | $1.2M | $3.1M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 58.000 | +0.245% | $10K | $43K | 10x | as long as short |
| Aster TENCENTUSDT | +0.0005% | 8h | 57.959 | +0.173% | $44K | $12K | 20x | as long as short |
| KuCoin TENCENTUSDTMshort | +0.0100% | 4h | 57.830 | −0.049% | $123K | $690K | 20x | |
| edgeX TENCENTUSDClong | +0.0272% | 4h | 57.858 | long leg | $119K | $212K | 10x | |
| Binance TENCENTUSDT | +0.0540% | 4h | 57.940 | +0.141% | $2.9M | $5.2M | 25x | as long as short |
| Lighter TENCENT | +0.0816% | 1h | 58.226 | +0.635% | $68K | $4K | 10x | as long as short |
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Aster TENCENTUSDT
Binance TENCENTUSDT
Lighter TENCENT