Funding you earn now, next payment 08:00 UTC−0.0713%/8h= −78.1% APRpaid last 24h +0.044%
Price spread now: edgeX against KuCoin+0.205%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,038as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,031as in the Price arb table
costs, in and out, $10k−$1,04010.398% of the position
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.245%−$24 · spread now +0.205%, 7d avg +0.112%
=Together, before fees−0.230%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.093% dearer against KuCoin than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.112%): +$9 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% 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 | KuCoin VUSDTM | 368.59 | 0.0100 | pay 0.0100% / 8h | 37m 21s | $290K | $896K | 20x |
| Short | edgeX VUSDC | 369.34 | −0.0613 | pay 0.0307% / 4h | 37m 21s | $192K | $180K | 10x |
KuCoin VUSDTM
edgeX VUSDCFunding 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
- −$149.82
- Price spread: +0.205% → +0.112%
- $9.27
- Slippage, 4 orders
- −$1,018.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$1,180.34
- Costs to cover
- 10.398%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 27 min ago; edgeX: live order book, 64 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, 27 min ago | 36.54 bp | 574.3 bp −$574 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 64 min ago | 5.28 bp | 50.5 bp −$50 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX VUSDCshort | −0.0613% | 4h | 369.34 | +0.205% | $192K | $180K | 10x | |
| Injective V/USDC PERP | −0.0220% | 1h | 332.62 | −9.759% | $16K | $30K | 12x | as long as short |
| Aster VUSDT | 0.0000% | 8h | 369.72 | +0.308% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 369.48 | +0.241% | $607K | $271K | 20x | as long as short |
| Bybit VUSDT | 0.0000% | 8h | 369.65 | +0.288% | $123K | $13K | 25x | as long as short |
| Gate V_USDT | 0.0000% | 8h | 369.30 | +0.193% | $190K | $5K | 20x | as long as short |
| Bitget VUSDT | 0.0000% | 8h | 369.45 | +0.233% | $121K | $11K | 20x | as long as short |
| GRVT V_USDT_Perp | 0.0000% | 8h | 369.41 | +0.223% | $11K | $147K | 10x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 367.31 | −0.347% | $804 | $572K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.62 | +0.279% | $6K | $33K | 20x | as long as short |
Injective V/USDC PERP
Aster VUSDT
Binance VUSDT
Bybit VUSDT
Gate V_USDT
Bitget VUSDT
GRVT V_USDT_Perp
SunX V-USDT
HTX V-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin VUSDTMlong | +0.0100% | 8h | 368.59 | long leg | $290K | $896K | 20x |