Funding arb · Price arb /

EDGE

all EDGE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%

Price spread now: KuCoin against edgeX+0.088%113s7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$576as 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−$5705.703% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 7 days−0.265%−$27 · spread now +0.088%, 7d avg −0.029%

Together, before fees−0.322%+ Points / potential airdropedgeX: Active · farm board−$32 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.117% dearer against edgeX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.029%. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX EDGEUSDC	0.5898	0.0100	pay 0.0050% / 4h	3h 31m	$14.1M	$3.4M	30x
Short	KuCoin EDGEUSDTM	0.5903	0.0100	get 0.0050% / 4h	3h 31m	$2.1M	$2.2M	50x

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 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 edgeXbpFee KuCoinbpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → −0.029%: $11.66
Slippage, 4 orders: −$549.32
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$558.65
Costs to cover: 5.703%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; KuCoin: live order book, 15 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, 3 min ago	5.93 bp	25.0 bp −$25	117.9 bp −$1,179	doesn't fit	doesn't fit
Sell KuCoin live order book, 15 min ago	6.76 bp	346.0 bp −$346	912.9 bp −$9,129	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
Backpack EDGE_USDC_PERP	−0.0808%	1h	0.5910	+0.212%	$57K	$98K	3.3x	as long as short
BloFin EDGE-USDT	+0.0091%	4h	0.5907	+0.156%	$643K	$126K	50x	as long as short
Lighter EDGE	+0.0096%	1h	0.5901	+0.059%	$55K	$9K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5903	+0.088%	$7.0M	$3.2M	25x	as long as short
OKX EDGE-USDT-SWAP	+0.0100%	4h	0.5923	+0.427%	$3.6M	$5.7M	20x	as long as short
KuCoin EDGEUSDTMshort	+0.0100%	4h	0.5903	+0.088%	$2.1M	$2.2M	50x
Bitget EDGEUSDT	+0.0100%	4h	0.5894	−0.065%	$4.7M	$967K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5879	−0.326%	$192K	$130K	—	as long as short
edgeX EDGEUSDClong	+0.0100%	4h	0.5898	long leg	$14.1M	$3.4M	30x
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5891	−0.108%	$3K	$1.6M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5895	−0.048%	$1K	$293K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5864	−0.574%	$3K	$586K	10x	as long as short
MEXC EDGE_USDT	+0.0118%	4h	0.5920	+0.376%	$1.2M	$920K	50x	as long as short
Binance EDGEUSDT	+0.0119%	4h	0.5920	+0.376%	$10.0M	$9.8M	50x	as long as short
Extended EDGE-USD	+0.0120%	1h	0.5916	+0.305%	$27K	$230K	5x	as long as short
Aster EDGEUSDT	+0.0129%	4h	0.5904	+0.098%	$68K	$134K	5x	as long as short
Orderly PERP_EDGE_USDC	+0.0369%	4h	0.5912	+0.240%	$3K	—	10x	as long as short