EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0273%/8h= −29.8% APRnext payment −$1.36 per $10,000 · paid last 24h −0.082%

Price spread now: KuCoin against Orderly+0.068%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on KuCoin

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

The price spread pays, funding is against you. KuCoin is 0.068% dearer against Orderly than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_EDGE_USDC	0.5856	0.0467	pay 0.0233% / 4h	1h 49m	$3K	—	10x
Short	KuCoin EDGEUSDTM	0.5860	0.0194	get 0.0097% / 4h	1h 49m	$2.1M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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 OrderlybpFee KuCoinbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$57.23
Price spread: +0.068% → 0.000%: $6.83
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$68.4
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 2 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 2 min ago	6.00 bp	147.4 bp −$147	896.7 bp −$8,967	doesn't fit	doesn't fit

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	0.5839	−0.295%	$54K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5849	−0.120%	$6.9M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5851	−0.085%	$4.7M	$993K	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.5856	−0.002%	$59K	$100K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5830	−0.444%	$190K	$130K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.5838	−0.307%	$7K	$1.7M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5844	−0.205%	$8K	$295K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5818	−0.649%	$4K	$604K	10x	as long as short
KuCoin EDGEUSDTMshort	+0.0194%	4h	0.5860	+0.068%	$2.1M	$2.3M	50x
Extended EDGE-USD	+0.0376%	1h	0.5859	+0.053%	$26K	$230K	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC EDGE_USDT	+0.0376%	4h	0.5858	+0.034%	$1.2M	$919K	50x	as long as short
Binance EDGEUSDT	+0.0377%	4h	0.5859	+0.051%	$10.0M	$10.0M	50x	as long as short
Aster EDGEUSDT	+0.0378%	4h	0.5855	−0.017%	$67K	$136K	5x	as long as short
BloFin EDGE-USDT	+0.0423%	4h	0.5852	−0.068%	$627K	$124K	50x	as long as short
edgeX EDGEUSDC	+0.0451%	4h	0.5843	−0.221%	$14.0M	$3.4M	30x	as long as short
OKX EDGE-USDT-SWAP	+0.0456%	4h	0.5864	+0.137%	$3.6M	$5.8M	20x	as long as short
Orderly PERP_EDGE_USDClong	+0.0467%	4h	0.5856	long leg	$3K	—	10x