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

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: edgeX against KuCoin+0.023%7-day average −0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1871.866% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.308%−$31 on $10k
Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.023%, 7d avg −0.104%
Together, before fees−0.335%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.127% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.104%. Mind the row above: over the last 7 days funding on this pair cost −0.308%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ESPUSDTM0.094820.0100pay 0.0050% / 4h2h 06m$1.5M$43K25x
ShortedgeX ESPUSDC0.094840.0117get 0.0058% / 4h2h 06m$29K$267K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$3.47
Price spread: +0.023% → −0.104%
$12.73
Slippage, 4 orders
−$165.56
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$170.36
Costs to cover
1.866%
Break-even
350.8 days
Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 41 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, 4 min ago20.02 bp82.7 bp −$83785.3 bp −$7,853doesn't fitdoesn't fit
Sell edgeX live order book, 41 min ago3.19 bp11.7 bp −$12doesn't fitdoesn't fitdoesn't fit

ESP on 11 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
BloFin ESP-USDT+0.0093%4h0.09478−0.042%$125K$33K25xas long as short
Aster ESPUSDT+0.0100%4h0.09469−0.138%$7K$18K5xas long as short
Binance ESPUSDT+0.0100%4h0.09469−0.138%$2.4M$4.0M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09466−0.169%$602K$1.1M20xas long as short
Gate ESP_USDT+0.0100%8h0.09487+0.053%$193K$608K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09472−0.105%$1.3M$128K20xas long as short
KuCoin ESPUSDTMlong+0.0100%4h0.09482long leg$1.5M$43K25x
Bitget ESPUSDT+0.0100%4h0.09466−0.166%$954K$131K20xas long as short
edgeX ESPUSDCshort+0.0117%4h0.09484+0.023%$29K$267K10x
Bybit ESPUSDT+0.0230%4h0.09451−0.327%$1.1M$653K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ESP-USDT+0.0268%4h0.09464−0.190%$1.7Mas long as short