Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.090%
Price spread now: Extended against KuCoin+0.048%7-day average −0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.259%+$26 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.048%, 7d avg −0.036%
Together, before fees+0.180%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Extended is 0.084% dearer against KuCoin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.036%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.259% in total (about 13.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EDGEUSDTM0.60260.0100pay 0.0050% / 4h1h 49m$2.2M$2.2M50x
ShortExtended EDGE-USD0.60290.0496get 0.0062% / 1h49m 23s$29K$84K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$83.16
Price spread: +0.048% → −0.036%
$8.42
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$74.58
Costs to cover
0.170%
Break-even
0.7 days
Slippage unknown: KuCoin: live order book, 7 min ago; Extended: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago4.15 bp123.0 bp −$1231030.8 bp −$10.3Kdoesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0496%1h0.6023−0.046%$59K$120K3.3xas long as short
Lighter EDGE+0.0096%1h0.6019−0.113%$44K$22K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.6017−0.149%$7.3M$3.4M25xas long as short
KuCoin EDGEUSDTMlong+0.0100%4h0.6026long leg$2.2M$2.2M50x
Bitget EDGEUSDT+0.0100%4h0.6021−0.083%$4.8M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5999−0.456%$189K$144Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.6004−0.363%$247$2.9M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.6009−0.282%$9K$295K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5988−0.631%$3K$639K10xas long as short
Aster EDGEUSDT+0.0345%4h0.6021−0.090%$53K$156K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin EDGE-USDT+0.0469%4h0.6007−0.315%$666K$104K50xas long as short
OKX EDGE-USDT-SWAP+0.0479%4h0.6040+0.232%$3.8M$6.2M20xas long as short
MEXC EDGE_USDT+0.0494%4h0.6032+0.100%$1.1M$800K50xas long as short
Extended EDGE-USDshort+0.0496%1h0.6029+0.048%$29K$84K5x
edgeX EDGEUSDC+0.0496%4h0.6011−0.252%$14.4M$3.7M30xas long as short
Binance EDGEUSDT+0.0499%4h0.6034+0.134%$10.4M$10.8M50xas long as short
Orderly PERP_EDGE_USDC+0.0626%4h0.6027+0.017%$3K$1K10xas long as short