After costs, if the gap returns to its 7d average, $10k−$469
spread now+0.051%7d average+0.016%fees + slippage, in and out−$472spread needed4.722%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EDGEUSDTM | 0.5903 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $2.1M | $2.2M | 50x |
| Short | Binance EDGEUSDT | 0.5906 | 0.0467 | get 0.0233% / 4h | 1h 56m | $10.0M | $9.6M | 50x |
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
- $5.08
- Funding while held
- $11
- Slippage, 4 orders
- −$450.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$456.14
- Spread needed to break even
- 4.722%
Slippage from KuCoin: live order book, 7 min ago; Binance: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0367%
- Per $10,000 a day
- +$11.00
- 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, 7 min ago | 6.78 bp | 163.2 bp −$163 | 974.2 bp −$9,742 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.69 bp | 35.4 bp −$35 | 177.5 bp −$1,775 | 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 | −0.593% | +0.0100% | 4h | $3K | $573K | 10x | as long as short |
| Lighter EDGE | −0.274% | +0.0096% | 1h | $55K | $9K | 3x | as long as short |
| Variational Omni EDGE | −0.228% | +0.0100% | 4h | $175K | $108K | — | as long as short |
| Backpack EDGE_USDC_PERP | −0.146% | −0.1461% | 1h | $61K | $111K | 3.3x | as long as short |
| Bitget EDGEUSDT | −0.119% | +0.0100% | 4h | $4.7M | $939K | 20x | as long as short |
| BloFin EDGE-USDT | −0.085% | +0.0494% | 4h | $653K | $123K | 50x | as long as short |
| Bybit EDGEUSDT | −0.017% | +0.0100% | 4h | $6.9M | $3.1M | 25x | as long as short |
| ApeX Omni EDGEUSDT | −0.017% | +0.0100% | 1h | $1K | $290K | 50x | as long as short |
| edgeX EDGEUSDC | −0.007% | +0.0259% | 4h | $14.1M | $3.3M | 30x | as long as short |
| KuCoin EDGEUSDTMlong | 0.000% | +0.0100% | 4h | $2.1M | $2.2M | 50x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.040% | +0.0464% | 1h | $27K | $230K | 5x | as long as short |
| Binance EDGEUSDTshort | +0.051% | +0.0467% | 4h | $10.0M | $9.6M | 50x | |
| MEXC EDGE_USDT | +0.051% | +0.0468% | 4h | $1.2M | $923K | 50x | as long as short |
| Aster EDGEUSDT | +0.068% | +0.0536% | 4h | $67K | $136K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.085% | +0.0252% | 4h | $3.6M | $5.6M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.085% | +0.0684% | 4h | $3K | — | 10x | as long as short |
KuCoin EDGEUSDTM
Binance EDGEUSDT
SunX
Lighter
Variational Omni
Backpack
Bitget
BloFin
Bybit
ApeX Omni
Extended
MEXC
Aster
OKX