After costs, if the gap returns to its 7d average, $10k−$457
spread now−0.107%7d average−0.138%fees + slippage, in and out−$460spread needed4.604%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EDGEUSDTM | 0.5955 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $2.1M | $2.2M | 50x |
| Short | Backpack EDGE_USDC_PERP | 0.5949 | −0.1106 | pay 0.0138% / 1h | 40m 52s | $60K | $111K | 3.3x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$10.75
- Funding while held
- −$36.17
- Slippage, 4 orders
- −$438.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$507.34
- Spread needed to break even
- 4.604%
Slippage from KuCoin: live order book, 2 min ago; Backpack: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.1206%
- Per $10,000 a day
- −$36.17
- Average in range /8h
- —
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 KuCoin live order book, 2 min ago | 5.87 bp | 236.3 bp −$236 | 971.7 bp −$9,717 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 10 min ago | 2.27 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
EDGE price on every exchange
against the cheapest. Click to use as the short leg.EDGE on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX EDGE-USDT | −0.672% | +0.0100% | 4h | $4K | $572K | 10x | as long as short |
| Lighter EDGE | −0.235% | +0.0096% | 1h | $55K | $9K | 3x | as long as short |
| Backpack EDGE_USDC_PERPshort | −0.107% | −0.1106% | 1h | $60K | $111K | 3.3x | |
| Bybit EDGEUSDT | −0.084% | +0.0100% | 4h | $7.0M | $3.1M | 25x | as long as short |
| KuCoin EDGEUSDTMlong | 0.000% | +0.0100% | 4h | $2.1M | $2.2M | 50x | |
| Bitget EDGEUSDT | 0.000% | +0.0100% | 4h | $4.7M | $952K | 20x | as long as short |
| Extended EDGE-USD | +0.008% | +0.0456% | 1h | $27K | $230K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.017% | +0.0219% | 4h | $3.6M | $5.7M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.017% | +0.0674% | 4h | $3K | — | 10x | as long as short |
| MEXC EDGE_USDT | +0.034% | +0.0458% | 4h | $1.2M | $925K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance EDGEUSDT | +0.050% | +0.0459% | 4h | $10.1M | $9.7M | 50x | as long as short |
| Aster EDGEUSDT | +0.079% | +0.0533% | 4h | $68K | $135K | 5x | as long as short |
| Variational Omni EDGE | +0.086% | +0.0100% | 4h | $177K | $108K | — | as long as short |
| BloFin EDGE-USDT | +0.101% | +0.0452% | 4h | $649K | $124K | 50x | as long as short |
| edgeX EDGEUSDC | +0.188% | +0.0238% | 4h | $14.3M | $3.3M | 30x | as long as short |
| ApeX Omni EDGEUSDT | +0.218% | +0.0148% | 1h | $1K | $289K | 50x | as long as short |
KuCoin EDGEUSDTM
Backpack EDGE_USDC_PERP
SunX
Lighter
Bybit
Bitget
Extended
OKX
MEXC
Binance
Aster
Variational Omni
BloFin
ApeX Omni