Funding you earn now, next payment 08:00 UTC−0.0534%/8h= −58.5% APRpaid last 24h −0.023%
Price spread now: edgeX against KuCoin+0.067%53s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$322as 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−$3103.098% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.067%, 7d avg +0.014%
=Together, before fees−0.197%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.053% dearer against KuCoin than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.014%): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.121% in total) that is about 3.1 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% 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 WDCUSDTM | 442.99 | 0.0100 | pay 0.0100% / 8h | 1h 14m | $271K | $46K | 20x |
| Short | edgeX WDCUSDC | 443.29 | −0.0434 | pay 0.0217% / 4h | 1h 14m | $49K | $231K | 10x |
KuCoin WDCUSDTM
edgeX WDCUSDCFunding 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
- −$112.11
- Price spread: +0.067% → +0.014%
- $5.31
- Slippage, 4 orders
- −$288.81
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$416.61
- Costs to cover
- 3.098%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 27 min ago; edgeX: live order book, 28 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 | 19.24 bp | 152.7 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 28 min ago | 2.38 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDT | −0.0527% | 8h | 443.52 | +0.120% | $1.1M | $1.1M | 20x | as long as short |
| edgeX WDCUSDCshort | −0.0434% | 4h | 443.29 | +0.067% | $49K | $231K | 10x | |
| Aster WDCUSDT | 0.0000% | 8h | 443.25 | +0.058% | $20K | $126K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 443.33 | +0.077% | $2K | $173K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 443.46 | +0.106% | $7.3M | $25.5M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 443.41 | +0.095% | $1.9M | $714K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 443.40 | +0.093% | $1.9M | $2.5M | 50x | as long as short |
| BloFin WDC-USDT | +0.0019% | 8h | 443.21 | +0.050% | $139K | $94K | 20x | as long as short |
| GRVT WDC_USDT_Perp | +0.0021% | 8h | 443.17 | +0.040% | $519 | $148K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0027% | 8h | 443.65 | +0.149% | $2.0M | $4.3M | 20x | as long as short |
Bitget WDCUSDT
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
BloFin WDC-USDT
GRVT WDC_USDT_Perp
OKX WDC-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter WDC | +0.0032% | 1h | 443.01 | +0.005% | — | — | 10x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 443.01 | +0.005% | $2.3M | $2.1M | 10x | as long as short |
| QFEX WDC-USD | +0.0057% | 1h | 443.12 | +0.029% | $1.1M | $3.0M | 10x | as long as short |
| KuCoin WDCUSDTMlong | +0.0100% | 8h | 442.99 | long leg | $271K | $46K | 20x | |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 442.78 | −0.047% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 443.10 | +0.025% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 443.41 | +0.095% | $33K | $8K | 10x | as long as short |
Lighter WDC
tradeXYZ xyz:WDC
QFEX WDC-USD
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT