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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0304%/8h= +33.3% APRnext payment +$1.52 per $10,000 · paid last 24h +0.076%
Price spread now: MEXC against KuCoin0.000%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$471as in the Funding arb table
Net, price: spread back to 7d avg − costs−$496as in the Price arb table
costs, in and out, $10k−$4954.952% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.243%+$24 on $10k
Price spread, last 7 days+0.072%+$7 · spread now 0.000%, 7d avg +0.011%
Together, before fees+0.315%+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EDGEUSDTM0.58960.0100pay 0.0050% / 4h1h 04m$2.1M$2.2M50x
ShortMEXC EDGE_USDT0.58960.0404get 0.0202% / 4h1h 04m$1.1M$902K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$63.84
Price spread: 0.000% → +0.011%
−$1.08
Slippage, 4 orders
−$475.2
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$432.43
Costs to cover
4.952%
Break-even
54.4 days
Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 2 min ago.

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, 2 min ago5.08 bp149.3 bp −$1491039.6 bp −$10.4Kdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago0.85 bp8.5 bp −$869.1 bp −$691234.9 bp −$23.5K704.7 bp −$352.4K

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
Lighter EDGE+0.0096%1h0.5887−0.161%$43K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5888−0.136%$7.1M$3.3M25xas long as short
KuCoin EDGEUSDTMlong+0.0100%4h0.5896long leg$2.1M$2.2M50x
Bitget EDGEUSDT+0.0100%4h0.5892−0.068%$4.7M$1.1M20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5893−0.044%$58K$106K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5893−0.045%$188K$135Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5911+0.254%$5K$2.2M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5908+0.204%$9K$304K50xas long as short
SunX EDGE-USDT+0.0100%4h0.6169+4.630%$3K$624K10xas long as short
BloFin EDGE-USDT+0.0345%4h0.5898+0.034%$654K$101K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EDGE-USD+0.0392%1h0.5894−0.034%$27K$194K5xas long as short
Binance EDGEUSDT+0.0396%4h0.5897+0.013%$10.1M$10.3M50xas long as short
MEXC EDGE_USDTshort+0.0404%4h0.58960.000%$1.1M$902K50x
Aster EDGEUSDT+0.0442%4h0.5901+0.092%$68K$128K5xas long as short
OKX EDGE-USDT-SWAP+0.0445%4h0.5901+0.085%$3.7M$5.7M20xas long as short
edgeX EDGEUSDC+0.0477%4h0.5916+0.347%$14.1M$3.6M30xas long as short
Orderly PERP_EDGE_USDC+0.0610%4h0.58960.000%$3K10xas long as short