Funding you earn now, next payment 04:00 UTC−0.0341%/8h= −37.3% APRpaid last 24h −0.013%
Price spread now: KuCoin against edgeX−0.259%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,570as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,579as in the Price arb table
costs, in and out, $10k−$1,56315.632% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.259%, 7d avg −0.103%
=Together, before fees+0.055%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.156% cheaper against edgeX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.103%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% 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 | edgeX VUSDC | 369.27 | −0.0077 | get 0.0039% / 4h | 1h 05m | $192K | $180K | 10x |
| Short | KuCoin VUSDTM | 368.31 | −0.0418 | pay 0.0418% / 8h | 5h 05m | $291K | $752K | 20x |
Funding 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
- −$71.54
- Price spread: −0.259% → −0.103%
- −$15.57
- Slippage, 4 orders
- −$1,542.17
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,650.29
- Costs to cover
- 15.632%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 56 min ago; KuCoin: live order book, 19 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, 56 min ago | 5.28 bp | 54.6 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 19 min ago | 46.98 bp | 848.0 bp −$848 | doesn't fit | doesn't fit | doesn't fit |
V on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin VUSDTMshort | −0.0418% | 8h | 368.31 | −0.259% | $291K | $752K | 20x | |
| Injective V/USDC PERP | −0.0220% | 1h | 332.61 | −9.927% | $16K | $30K | 12x | as long as short |
| edgeX VUSDClong | −0.0077% | 4h | 369.27 | long leg | $192K | $180K | 10x | |
| Aster VUSDT | 0.0000% | 8h | 369.49 | +0.060% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 369.25 | −0.004% | $597K | $272K | 20x | as long as short |
| Bybit VUSDT | 0.0000% | 8h | 368.80 | −0.126% | $127K | $12K | 25x | as long as short |
| Gate V_USDT | 0.0000% | 8h | 369.40 | +0.036% | $190K | $5K | 20x | as long as short |
| Bitget VUSDT | 0.0000% | 8h | 369.56 | +0.080% | $122K | $11K | 20x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 369.14 | −0.034% | $1K | $643K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.52 | +0.069% | $6K | $33K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT V_USDT_Perp | +0.0085% | 8h | 369.24 | −0.006% | $11K | $159K | 10x | as long as short |
edgeX VUSDC
KuCoin VUSDTM
Injective V/USDC PERP
Aster VUSDT
Binance VUSDT
Bybit VUSDT
Gate V_USDT
Bitget VUSDT
SunX V-USDT
HTX V-USDT
GRVT V_USDT_Perp