Funding you earn now, next payment 08:00 UTC+0.0427%/8h= +46.7% APRnext payment +$2.13 per $10,000 · paid last 24h +0.052%
Price spread now: edgeX against KuCoin−0.139%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$478as in the Price arb table
costs, in and out, $10k−$4624.616% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 7 days+0.334%+$33 · spread now −0.139%, 7d avg +0.028%
=Together, before fees+0.429%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.168% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of +0.028%). If the spread goes back, that is −$17 on $10k: about 31 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.096% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 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 | KuCoin EDGEUSDTM | 0.5959 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $2.1M | $2.2M | 50x |
| Short | edgeX EDGEUSDC | 0.5951 | 0.0527 | get 0.0263% / 4h | 3h 44m | $14.2M | $3.6M | 30x |
KuCoin EDGEUSDTM
edgeX EDGEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- $89.6
- Price spread: −0.139% → +0.028%
- −$16.78
- Slippage, 4 orders
- −$440.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$388.83
- Costs to cover
- 4.616%
- Break-even
- 37.4 days
Slippage from KuCoin: live order book, 2 min ago; edgeX: live order book, 4 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 KuCoin live order book, 2 min ago | 4.19 bp | 217.2 bp −$217 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 5.04 bp | 41.3 bp −$41 | 121.2 bp −$1,212 | 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 | 0.5955 | −0.076% | $43K | $19K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5961 | +0.034% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTMlong | +0.0100% | 4h | 0.5959 | long leg | $2.1M | $2.2M | 50x | |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5961 | +0.034% | $4.7M | $1.1M | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5963 | +0.064% | $58K | $110K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5955 | −0.068% | $191K | $139K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5921 | −0.638% | $7K | $2.5M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5957 | −0.034% | $9K | $305K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5924 | −0.587% | $3K | $625K | 10x | as long as short |
| BloFin EDGE-USDT | +0.0438% | 4h | 0.5971 | +0.201% | $659K | $103K | 50x | 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
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0451% | 4h | 0.5955 | −0.061% | $56K | $154K | 5x | as long as short |
| Extended EDGE-USD | +0.0456% | 1h | 0.5971 | +0.198% | $27K | $196K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0458% | 4h | 0.5971 | +0.201% | $1.1M | $863K | 50x | as long as short |
| Binance EDGEUSDT | +0.0458% | 4h | 0.5974 | +0.248% | $10.3M | $10.5M | 50x | as long as short |
| edgeX EDGEUSDCshort | +0.0527% | 4h | 0.5951 | −0.139% | $14.2M | $3.6M | 30x | |
| OKX EDGE-USDT-SWAP | +0.0547% | 4h | 0.5976 | +0.285% | $3.8M | $5.8M | 20x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0565% | 4h | 0.5961 | +0.034% | $3K | $359 | 10x | as long as short |
Aster EDGEUSDT
Extended EDGE-USD
MEXC EDGE_USDT
Binance EDGEUSDT
OKX EDGE-USDT-SWAP
Orderly PERP_EDGE_USDC