Funding you earn now, next payment 04:00 UTC+0.0529%/8h= +57.9% APRnext payment +$2.64 per $10,000 · paid last 24h +0.149%
Price spread now: edgeX against KuCoin+0.377%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$468as in the Funding arb table
Net, price: spread back to 7d avg − costs−$511as in the Price arb table
costs, in and out, $10k−$5515.512% of the position
Funding, last 7 days+0.828%+$83 on $10k
+Price spread, last 4 days (all we have)−0.449%−$45 · spread now +0.377%, 7d avg −0.030%
=Together, before fees+0.378%+ Points / potential airdropedgeX: Active · farm board+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and edgeX is 0.407% dearer against KuCoin than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TENCENTUSDTM | 58.360 | 0.0100 | pay 0.0050% / 4h | 13m 06s | $125K | $686K | 20x |
| Short | edgeX TENCENTUSDC | 58.580 | 0.0629 | get 0.0314% / 4h | 13m 06s | $121K | $212K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $111.03
- Price spread: +0.377% → −0.030%
- $40.71
- Slippage, 4 orders
- −$530.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$399.49
- Costs to cover
- 5.512%
- Break-even
- 32.2 days
Slippage from KuCoin: live order book, 1 min ago; edgeX: live order book, 44 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, 1 min ago | 6.85 bp | 278.5 bp −$278 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 44 min ago | 10.22 bp | 21.5 bp −$21 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TENCENTUSDT | 0.0000% | 8h | 58.493 | +0.227% | $46K | $11K | 20x | as long as short |
| Binance TENCENTUSDT | 0.0000% | 4h | 58.520 | +0.274% | $2.8M | $4.3M | 25x | as long as short |
| Bybit TENCENTUSDT | 0.0000% | 8h | 58.490 | +0.223% | $246K | $253K | 25x | as long as short |
| Gate TENCENT_USDT | 0.0000% | 8h | 58.480 | +0.206% | $1.7M | $626K | 25x | as long as short |
| Bitget TENCENTUSDT | 0.0000% | 8h | 58.430 | +0.120% | $1.2M | $2.9M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 58.630 | +0.463% | $10K | $41K | 10x | as long as short |
| KuCoin TENCENTUSDTMlong | +0.0100% | 4h | 58.360 | long leg | $125K | $686K | 20x | |
| Lighter TENCENT | +0.0600% | 1h | 58.651 | +0.499% | $68K | $4K | 10x | as long as short |
| edgeX TENCENTUSDCshort | +0.0629% | 4h | 58.580 | +0.377% | $121K | $212K | 10x |
KuCoin TENCENTUSDTM
edgeX TENCENTUSDC
Aster TENCENTUSDT
Binance TENCENTUSDT
Bybit TENCENTUSDT
Gate TENCENT_USDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
Lighter TENCENT