Funding you earn now, next payment 04:00 UTC+0.0656%/8h= +71.8% APRnext payment +$3.28 per $10,000 · paid last 24h +0.107%
Price spread now: KuCoin against OKX−0.050%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$711as in the Funding arb table
Net, price: spread back to 7d avg − costs−$725as in the Price arb table
costs, in and out, $10k−$7207.197% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 7 days+0.124%+$12 · spread now −0.050%, 7d avg +0.007%
=Funding pays, the price is against you. KuCoin is 0.057% cheaper against OKX than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.007%). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.090% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EDEN-USDT-SWAP | 0.06013 | 0.0100 | pay 0.0050% / 4h | 1h 02m | $704K | $3.3M | 20x |
| Short | KuCoin EDENUSDTM | 0.06010 | 0.0756 | get 0.0378% / 4h | 1h 02m | $1.3M | $7.5M | 20x |
OKX EDEN-USDT-SWAP
KuCoin EDENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $137.76
- Price spread: −0.050% → +0.007%
- −$5.69
- Slippage, 4 orders
- −$697.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$587.61
- Costs to cover
- 7.197%
- Break-even
- 36.9 days
Slippage from OKX: live order book, 5 min ago; KuCoin: 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 OKX live order book, 5 min ago | 1.65 bp | 53.6 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 5.79 bp | 38.5 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
EDEN on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDEN-USDT | +0.0053% | 4h | 0.06004 | −0.150% | $202K | $5K | 20x | as long as short |
| Lighter EDEN | +0.0096% | 1h | 0.06007 | −0.100% | $26K | $16K | 3x | as long as short |
| Aster EDENUSDT | +0.0100% | 4h | 0.06005 | −0.132% | $63K | $84K | 5x | as long as short |
| Binance EDENUSDT | +0.0100% | 4h | 0.06003 | −0.161% | $3.5M | $9.1M | 20x | as long as short |
| OKX EDEN-USDT-SWAPlong | +0.0100% | 4h | 0.06013 | long leg | $704K | $3.3M | 20x | |
| MEXC EDEN_USDT | +0.0100% | 4h | 0.06002 | −0.183% | $572K | $325K | 50x | as long as short |
| SunX EDEN-USDT | +0.0100% | 4h | 0.06140 | +2.112% | $1K | $1.7M | 20x | as long as short |
| Gate EDEN_USDT | +0.0360% | 8h | 0.06006 | −0.116% | $214K | $495K | 20x | as long as short |
| KuCoin EDENUSDTMshort | +0.0756% | 4h | 0.06010 | −0.050% | $1.3M | $7.5M | 20x | |
| Bybit EDENUSDT | +0.0954% | 4h | 0.06004 | −0.150% | $1.6M | $1.3M | 20x | as long as short |
BloFin EDEN-USDT
Lighter EDEN
Aster EDENUSDT
Binance EDENUSDT
MEXC EDEN_USDT
SunX EDEN-USDT
Gate EDEN_USDT
Bybit EDENUSDT