Funding you earn now, next payment 04:00 UTC−0.0389%/8h= −42.6% APRnext payment −$1.95 per $10,000 · paid last 24h −0.039%
Price spread now: KuCoin against edgeX−0.246%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$404as in the Funding arb table
Net, price: spread back to 7d avg − costs−$418as in the Price arb table
costs, in and out, $10k−$3963.960% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.246%, 7d avg −0.027%
=Together, before fees−0.023%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.219% cheaper against edgeX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.083% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.95 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 | edgeX EDGEUSDC | 0.6031 | 0.0489 | pay 0.0245% / 4h | 3h 05m | $14.4M | $3.6M | 30x |
| Short | KuCoin EDGEUSDTM | 0.6016 | 0.0100 | get 0.0050% / 4h | 3h 05m | $2.2M | $2.2M | 50x |
edgeX EDGEUSDC
KuCoin EDGEUSDTMFunding 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
- −$81.79
- Price spread: −0.246% → −0.027%
- −$21.89
- Slippage, 4 orders
- −$375.01
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$499.69
- Costs to cover
- 3.960%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; KuCoin: live order book, 1 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, 4 min ago | 3.33 bp | 41.0 bp −$41 | 144.4 bp −$1,444 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 4.16 bp | 223.3 bp −$223 | 905.2 bp −$9,052 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.6007 | −0.400% | $50K | $14K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.6005 | −0.428% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTMshort | +0.0100% | 4h | 0.6016 | −0.246% | $2.2M | $2.2M | 50x | |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.6015 | −0.263% | $4.8M | $1.0M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6016 | −0.254% | $57K | $99K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5993 | −0.621% | $192K | $126K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6029 | −0.030% | $486 | $1.9M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6035 | +0.069% | $9K | $294K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5978 | −0.876% | $4K | $610K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0482% | 4h | 0.6020 | −0.180% | $3.7M | $5.8M | 20x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
OKX EDGE-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDClong | +0.0489% | 4h | 0.6031 | long leg | $14.4M | $3.6M | 30x | |
| BloFin EDGE-USDT | +0.0518% | 4h | 0.6015 | −0.263% | $652K | $98K | 50x | as long as short |
| Aster EDGEUSDT | +0.0567% | 4h | 0.6023 | −0.127% | $69K | $133K | 5x | as long as short |
| Extended EDGE-USD | +0.0576% | 1h | 0.6016 | −0.238% | $27K | $194K | 5x | as long as short |
| Binance EDGEUSDT | +0.0577% | 4h | 0.6016 | −0.246% | $10.3M | $10.2M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0582% | 4h | 0.6021 | −0.163% | $1.2M | $916K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0789% | 4h | 0.6019 | −0.196% | $3K | — | 10x | as long as short |
BloFin EDGE-USDT
Aster EDGEUSDT
Extended EDGE-USD
Binance EDGEUSDT
MEXC EDGE_USDT
Orderly PERP_EDGE_USDC