Funding you earn now, next payment 00:00 UTC−0.0458%/8h= −50.2% APRnext payment −$2.29 per $10,000 · paid last 24h −0.068%
Price spread now: KuCoin against Aster−0.101%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$626as in the Price arb table
costs, in and out, $10k−$6196.192% of the position
Funding, last 5 days (all we have)−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.101%, 7d avg −0.029%
=Together, before fees−0.170%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and KuCoin is 0.072% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.208% in total (about -14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.29 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 | Aster EDGEUSDT | 0.5962 | 0.0608 | pay 0.0304% / 4h | 25m 05s | $69K | $135K | 5x |
| Short | KuCoin EDGEUSDTM | 0.5956 | 0.0150 | get 0.0075% / 4h | 25m 05s | $2.1M | $2.2M | 50x |
Aster EDGEUSDT
KuCoin EDGEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. 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
- −$96.18
- Price spread: −0.101% → −0.029%
- −$7.19
- Slippage, 4 orders
- −$599.21
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$722.58
- Costs to cover
- 6.192%
- Break-even
- never at this rate
Slippage from Aster: live order book, 51 min ago; KuCoin: live order book, 2 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 Aster live order book, 51 min ago | 5.11 bp | 153.6 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 6.70 bp | 243.5 bp −$243 | 905.7 bp −$9,057 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0002% | 1h | 0.5956 | −0.108% | $58K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5942 | −0.329% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5947 | −0.252% | $7.0M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5952 | −0.168% | $4.7M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5982 | +0.332% | $193K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5984 | +0.365% | $7K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5978 | +0.268% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5917 | −0.755% | $3K | $612K | 10x | as long as short |
| KuCoin EDGEUSDTMshort | +0.0150% | 4h | 0.5956 | −0.101% | $2.1M | $2.2M | 50x | |
| MEXC EDGE_USDT | +0.0598% | 4h | 0.5960 | −0.034% | $1.2M | $915K | 50x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
MEXC EDGE_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0600% | 1h | 0.5957 | −0.078% | $27K | $230K | 5x | as long as short |
| Binance EDGEUSDT | +0.0602% | 4h | 0.5959 | −0.044% | $10.1M | $10.1M | 50x | as long as short |
| Aster EDGEUSDTlong | +0.0608% | 4h | 0.5962 | long leg | $69K | $135K | 5x | |
| BloFin EDGE-USDT | +0.0655% | 4h | 0.5964 | +0.033% | $646K | $112K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0684% | 4h | 0.5957 | −0.084% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0688% | 4h | 0.5961 | −0.017% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0706% | 4h | 0.5978 | +0.264% | $14.3M | $3.5M | 30x | as long as short |
Extended EDGE-USD
Binance EDGEUSDT
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC