EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0173%/8h= −19.0% APRnext payment −$0.87 per $10,000 · paid last 24h −0.055%

Price spread now: KuCoin against Binance−0.114%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$403as in the Funding arb table

Net, price: spread back to 7d avg − costs−$390as in the Price arb table

costs, in and out, $10k−$3813.807% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.219%−$22 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.114%, 7d avg −0.017%

Together, before fees−0.166%−$17 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 0.096% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.017%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance EDGEUSDT	0.5856	0.0373	pay 0.0187% / 4h	1h 48m	$9.9M	$10.0M	50x
Short	KuCoin EDGEUSDTM	0.5849	0.0200	get 0.0100% / 4h	1h 48m	$2.1M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.114%Rate

Funding earned: −$36.34
Price spread: −0.114% → −0.017%: −$9.63
Slippage, 4 orders: −$358.7
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$426.68
Costs to cover: 3.807%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 3 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 Binance live order book, 6 min ago	0.86 bp	31.3 bp −$31	251.0 bp −$2,510	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	6.00 bp	147.4 bp −$147	896.7 bp −$8,967	doesn't fit	doesn't fit

EDGE 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
Lighter EDGE	+0.0096%	1h	0.5839	−0.277%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5848	−0.131%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5858	+0.040%	$4.7M	$993K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5856	+0.004%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5830	−0.438%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5838	−0.302%	$7K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5844	−0.199%	$8K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5818	−0.643%	$4K	$604K	10x	as long as short
KuCoin EDGEUSDTMshort	+0.0200%	4h	0.5849	−0.114%	$2.1M	$2.3M	50x
Binance EDGEUSDTlong	+0.0373%	4h	0.5856	long leg	$9.9M	$10.0M	50x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended EDGE-USD	+0.0376%	1h	0.5858	+0.042%	$26K	$230K	5x	as long as short
MEXC EDGE_USDT	+0.0376%	4h	0.5854	−0.028%	$1.2M	$919K	50x	as long as short
Aster EDGEUSDT	+0.0383%	4h	0.5855	−0.011%	$67K	$136K	5x	as long as short
BloFin EDGE-USDT	+0.0423%	4h	0.5852	−0.062%	$627K	$124K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0450%	4h	0.5856	+0.006%	$3.6M	$5.7M	20x	as long as short
edgeX EDGEUSDC	+0.0451%	4h	0.5843	−0.215%	$14.0M	$3.4M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0468%	4h	0.5856	+0.006%	$3K	—	10x	as long as short