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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EDGEUSDTM | 0.5857 | 0.0194 | pay 0.0097% / 4h | 1h 49m | $2.1M | $2.3M | 50x |
| Short | Binance EDGEUSDT | 0.5859 | 0.0377 | get 0.0188% / 4h | 1h 49m | $10.0M | $10.0M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 2 min ago | 6.00 bp | 155.6 bp −$156 | 980.0 bp −$9,800 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.86 bp | 46.3 bp −$46 | 176.7 bp −$1,767 | 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 | 0.5823 | −0.579% | $54K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5849 | −0.137% | $6.9M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5851 | −0.102% | $4.7M | $993K | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5839 | −0.309% | $59K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5830 | −0.461% | $190K | $130K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5838 | −0.325% | $7K | $1.7M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5844 | −0.222% | $8K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5801 | −0.956% | $3K | $604K | 10x | as long as short |
| KuCoin EDGEUSDTMlong | +0.0194% | 4h | 0.5857 | long leg | $2.1M | $2.3M | 50x | |
| Extended EDGE-USD | +0.0376% | 1h | 0.5858 | +0.010% | $26K | $230K | 5x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT | +0.0376% | 4h | 0.5856 | −0.017% | $1.2M | $919K | 50x | as long as short |
| Binance EDGEUSDTshort | +0.0377% | 4h | 0.5859 | +0.030% | $10.0M | $10.0M | 50x | |
| Aster EDGEUSDT | +0.0378% | 4h | 0.5845 | −0.196% | $67K | $136K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0386% | 4h | 0.5836 | −0.359% | $625K | $124K | 50x | as long as short |
| edgeX EDGEUSDC | +0.0451% | 4h | 0.5843 | −0.238% | $14.0M | $3.4M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0457% | 4h | 0.5864 | +0.120% | $3.6M | $5.8M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0465% | 4h | 0.5841 | −0.273% | $3K | — | 10x | as long as short |
KuCoin EDGEUSDTM
Binance EDGEUSDT
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Extended EDGE-USD
MEXC EDGE_USDT
Aster EDGEUSDT
BloFin EDGE-USDT
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP