Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: KuCoin against edgeX−0.402%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$1661.661% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.402%, 7d avg +0.026%
=Together, before fees+0.150%+ Points / potential airdropedgeX: Active · farm board+$15 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 0.428% cheaper against edgeX than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX OPUSDC | 0.1239 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $4K | $1.1M | 10x |
| Short | KuCoin OPUSDTM | 0.1234 | 0.0100 | get 0.0100% / 8h | 5h 47m | $2.9M | $5.6M | 75x |
edgeX OPUSDC
KuCoin OPUSDTMFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.402% → +0.026%
- −$42.82
- Slippage, 4 orders
- −$145.15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$208.97
- Costs to cover
- 1.661%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago | 40.29 bp | 48.3 bp −$48 | 154.9 bp −$1,549 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 4.03 bp | 29.5 bp −$30 | 71.1 bp −$711 | doesn't fit | doesn't fit |
OP on 30 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX OP/USD [OP-USDC] | L −0.0886% / S +0.0200% | 1h | 0.1235 | −0.303% | $13K | — | 100x | as long as short |
| Hyperliquid OP | −0.0572% | 1h | 0.1234 | −0.410% | $3.8M | $3.9M | 5x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0559% | 1h | 0.1235 | −0.321% | $30K | $113K | 25x | as long as short |
| SoDEX OP-USD | −0.0090% | 1h | 0.1235 | −0.345% | $198 | $5K | 5x | as long as short |
| Orderly PERP_OP_USDC | −0.0060% | 8h | 0.1235 | −0.321% | $12K | $232K | 10x | as long as short |
| Extended OP-USD | −0.0056% | 1h | 0.1234 | −0.385% | $99K | $581K | 25x | as long as short |
| Binance OPUSDT | −0.0054% | 8h | 0.1235 | −0.289% | $19.1M | $65.8M | 75x | as long as short |
| MEXC OP_USDT | −0.0054% | 8h | 0.1234 | −0.370% | $21.8M | $7.3M | 300x | as long as short |
| Gate OP_USDT | −0.0050% | 8h | 0.1235 | −0.281% | $2.0M | $1.3M | 50x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0048% | 1h | 0.1236 | −0.240% | $25K | $67K | 50x | as long as short |
GMX OP/USD [OP-USDC]
Hyperliquid OP
Deribit OP_USDC-PERPETUAL
SoDEX OP-USD
Orderly PERP_OP_USDC
Extended OP-USD
Binance OPUSDT
MEXC OP_USDT
Gate OP_USDT
Coinbase International OP-PERP-INTXShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT OP_USDT_Perp | −0.0016% | 8h | 0.1238 | −0.079% | $303K | $5.5M | 10x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1237 | −0.194% | $38K | $522 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1236 | −0.265% | — | — | 150x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1257 | +1.455% | $35K | $67K | 12x | as long as short |
| Variational Omni OP | +0.0061% | 8h | 0.1239 | +0.013% | $219K | $46K | — | as long as short |
| Aevo OP-PERP | +0.0064% | 1h | 0.1235 | −0.321% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0066% | 8h | 0.1236 | −0.240% | $981K | $280K | 75x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1235 | −0.321% | $262K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1236 | −0.208% | $205K | $210K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1235 | −0.321% | $17.9M | $24.5M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1235 | −0.289% | $5.9M | $27.5M | 50x | as long as short |
| KuCoin OPUSDTMshort | +0.0100% | 8h | 0.1234 | −0.402% | $2.9M | $5.6M | 75x | |
| Bitget OPUSDT | +0.0100% | 8h | 0.1235 | −0.321% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1234 | −0.370% | — | $6.4M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1236 | −0.216% | $108K | $201K | 10x | as long as short |
| edgeX OPUSDClong | +0.0100% | 4h | 0.1239 | long leg | $4K | $1.1M | 10x | |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1240 | +0.082% | $43K | $689K | 50x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1235 | −0.289% | $167K | $255K | 50x | as long as short |
| Kraken Futures PF_OPUSD | +0.0156% | 1h | 0.1237 | −0.196% | $735K | $739K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0446% | 1h | 0.1234 | −0.383% | $686 | — | 20x | as long as short |
GRVT OP_USDT_Perp
dYdX OP-USD
gTrade (Gains Network) OP/USD
Injective OP/USDC PERP
Variational Omni OP
Aevo OP-PERP
BloFin OP-USDT
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
ApeX Omni OPUSDT
HTX OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP