EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.67 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.119%7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$519as in the Funding arb table

Net, price: spread back to 7d avg − costs−$518as in the Price arb table

costs, in and out, $10k−$5205.204% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 7 days−0.038%−$4 · spread now +0.119%, 7d avg +0.099%

Together, before fees−0.028%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.099%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit EDGEUSDT	0.5892	0.0100	pay 0.0050% / 4h	1h 04m	$7.0M	$3.3M	25x
Short	KuCoin EDGEUSDTM	0.5899	0.0234	get 0.0117% / 4h	1h 04m	$2.1M	$2.3M	50x

Funding history

latest

Range statsloading…

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.119%Rate

Slippage from Bybit: live order book, 9 min ago; KuCoin: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 9 min ago	1.71 bp	82.0 bp −$82	369.3 bp −$3,693	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	4.24 bp	86.2 bp −$86	913.8 bp −$9,138	doesn't fit	doesn't fit

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	0.5888	−0.070%	$55K	$8K	3x	as long as short
Bybit EDGEUSDTlong	+0.0100%	4h	0.5892	long leg	$7.0M	$3.3M	25x
Bitget EDGEUSDT	+0.0100%	4h	0.5892	0.000%	$4.7M	$996K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5908	+0.277%	$60K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5881	−0.183%	$191K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5873	−0.319%	$12K	$1.8M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5895	+0.051%	$8K	$294K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5846	−0.781%	$3K	$610K	10x	as long as short
KuCoin EDGEUSDTMshort	+0.0234%	4h	0.5899	+0.119%	$2.1M	$2.3M	50x
BloFin EDGE-USDT	+0.0474%	4h	0.5894	+0.034%	$634K	$126K	50x	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	+0.0498%	4h	0.5905	+0.221%	$1.2M	$921K	50x	as long as short
Binance EDGEUSDT	+0.0509%	4h	0.5907	+0.255%	$10.0M	$10.1M	50x	as long as short
Extended EDGE-USD	+0.0512%	1h	0.5906	+0.244%	$27K	$230K	5x	as long as short
Aster EDGEUSDT	+0.0518%	4h	0.5889	−0.048%	$68K	$136K	5x	as long as short
edgeX EDGEUSDC	+0.0569%	4h	0.5887	−0.078%	$14.1M	$3.4M	30x	as long as short
Orderly PERP_EDGE_USDC	+0.0594%	4h	0.5904	+0.204%	$3K	—	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0616%	4h	0.5912	+0.339%	$3.6M	$5.8M	20x	as long as short