EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0465%/8h= +50.9% APRnext payment +$2.32 per $10,000 · paid last 24h +0.138%

Price spread now: Orderly against KuCoin+0.117%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Orderly is 0.117% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin EDGEUSDTM	0.5978	0.0210	pay 0.0105% / 4h	3h 41m	$2.1M	$2.2M	50x
Short	Orderly PERP_EDGE_USDC	0.5985	0.0675	get 0.0337% / 4h	3h 41m	$2K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee KuCoinbpFee OrderlybpOrdersPrice spread, now +0.117%Rate

Funding earned: $97.63
Price spread: +0.117% → 0.000%: $11.71
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $91.34
Costs to cover: 0.180%
Break-even: 0.5 days

Slippage unknown: KuCoin: live order book, 5 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 5 min ago	4.97 bp	151.4 bp −$151	988.1 bp −$9,881	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter EDGE	+0.0096%	1h	0.5969	−0.157%	$43K	$22K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5971	−0.117%	$7.2M	$3.4M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5976	−0.033%	$4.8M	$1.1M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5981	+0.057%	$58K	$122K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.6016	+0.627%	$189K	$145K	—	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5939	−0.652%	$4K	$646K	10x	as long as short
ApeX Omni EDGEUSDT	+0.0114%	1h	0.6026	+0.803%	$9K	$296K	50x	as long as short
KuCoin EDGEUSDTMlong	+0.0210%	4h	0.5978	long leg	$2.1M	$2.2M	50x
Aster EDGEUSDT	+0.0412%	4h	0.5982	+0.073%	$52K	$152K	5x	as long as short
GRVT EDGE_USDT_Perp	+0.0442%	4h	0.6022	+0.735%	$2K	$3.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EDGEUSDT	+0.0598%	4h	0.5977	−0.017%	$10.4M	$11.0M	50x	as long as short
Extended EDGE-USD	+0.0600%	1h	0.5975	−0.042%	$29K	$267K	5x	as long as short
MEXC EDGE_USDT	+0.0602%	4h	0.5976	−0.033%	$1.1M	$717K	50x	as long as short
OKX EDGE-USDT-SWAP	+0.0617%	4h	0.5977	−0.017%	$3.8M	$6.2M	20x	as long as short
BloFin EDGE-USDT	+0.0617%	4h	0.5980	+0.033%	$671K	$106K	50x	as long as short
edgeX EDGEUSDC	+0.0652%	4h	0.6021	+0.722%	$14.5M	$3.7M	30x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0675%	4h	0.5985	+0.117%	$2K	$1K	10x