Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0183%/8h= +20.0% APRnext payment +$0.91 per $10,000 · paid last 24h +0.055%
Price spread now: Binance against KuCoin+0.030%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$379as in the Price arb table
costs, in and out, $10k−$3813.807% of the position
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+0.030%+$3 · spread now +0.030%, 7d avg +0.017%
Together, before fees+0.250%+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EDGEUSDTM0.58570.0194pay 0.0097% / 4h1h 49m$2.1M$2.3M50x
ShortBinance EDGEUSDT0.58590.0377get 0.0188% / 4h1h 49m$10.0M$10.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Funding earned
$38.38
Price spread: +0.030% → +0.017%
$1.32
Slippage, 4 orders
−$358.7
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$341
Costs to cover
3.807%
Break-even
69.2 days
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago6.00 bp155.6 bp −$156980.0 bp −$9,800doesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.86 bp46.3 bp −$46176.7 bp −$1,767doesn't fitdoesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter EDGE+0.0096%1h0.5823−0.579%$54K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5849−0.137%$6.9M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5851−0.102%$4.7M$993K20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5839−0.309%$59K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5830−0.461%$190K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5838−0.325%$7K$1.7M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5844−0.222%$8K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5801−0.956%$3K$604K10xas long as short
KuCoin EDGEUSDTMlong+0.0194%4h0.5857long leg$2.1M$2.3M50x
Extended EDGE-USD+0.0376%1h0.5858+0.010%$26K$230K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0376%4h0.5856−0.017%$1.2M$919K50xas long as short
Binance EDGEUSDTshort+0.0377%4h0.5859+0.030%$10.0M$10.0M50x
Aster EDGEUSDT+0.0378%4h0.5845−0.196%$67K$136K5xas long as short
BloFin EDGE-USDT+0.0386%4h0.5836−0.359%$625K$124K50xas long as short
edgeX EDGEUSDC+0.0451%4h0.5843−0.238%$14.0M$3.4M30xas long as short
OKX EDGE-USDT-SWAP+0.0457%4h0.5864+0.120%$3.6M$5.8M20xas long as short
Orderly PERP_EDGE_USDC+0.0465%4h0.5841−0.273%$3K10xas long as short