EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.006%

Price spread now: KuCoin against Bitget0.000%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$396as in the Funding arb table

Net, price: spread back to 7d avg − costs−$408as in the Price arb table

costs, in and out, $10k−$3973.967% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days+0.098%+$10 · spread now 0.000%, 7d avg +0.108%

Together, before fees+0.104%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.108% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.108%). If the spread goes back, that is −$11 on $10k: about 5.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.006% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget EDGEUSDT	0.5946	0.0100	pay 0.0050% / 4h	3h 25m	$4.7M	$1.2M	20x
Short	KuCoin EDGEUSDTM	0.5946	0.0170	get 0.0085% / 4h	3h 25m	$2.1M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $14.7
Price spread: 0.000% → +0.108%: −$10.82
Slippage, 4 orders: −$372.74
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$392.86
Costs to cover: 3.967%
Break-even: 194.1 days

Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 11 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 Bitget live order book, 2 min ago	5.03 bp	32.8 bp −$33	607.5 bp −$6,075	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	5.01 bp	175.0 bp −$175	899.0 bp −$8,990	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	0.5942	−0.067%	$43K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5950	+0.067%	$7.2M	$3.4M	25x	as long as short
Bitget EDGEUSDTlong	+0.0100%	4h	0.5946	long leg	$4.7M	$1.2M	20x
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5951	+0.089%	$57K	$120K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5945	−0.016%	$188K	$145K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5957	+0.185%	$8K	$3.3M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5960	+0.235%	$9K	$296K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5919	−0.454%	$4K	$649K	10x	as long as short
KuCoin EDGEUSDTMshort	+0.0170%	4h	0.5946	0.000%	$2.1M	$2.2M	50x
Aster EDGEUSDT	+0.0398%	4h	0.5959	+0.221%	$52K	$150K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0517%	4h	0.5967	+0.353%	$3.7M	$6.1M	20x	as long as short
edgeX EDGEUSDC	+0.0567%	4h	0.5959	+0.219%	$14.4M	$3.7M	30x	as long as short
MEXC EDGE_USDT	+0.0582%	4h	0.5953	+0.118%	$1.1M	$720K	50x	as long as short
Binance EDGEUSDT	+0.0583%	4h	0.5958	+0.197%	$10.4M	$11.1M	50x	as long as short
Extended EDGE-USD	+0.0584%	1h	0.5961	+0.249%	$27K	$270K	5x	as long as short
BloFin EDGE-USDT	+0.0624%	4h	0.5961	+0.252%	$673K	$106K	50x	as long as short
Orderly PERP_EDGE_USDC	+0.0669%	4h	0.5955	+0.151%	$2K	$1K	10x	as long as short