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

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against SunX+0.910%54s7-day average −0.424% · 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 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−2.184%−$218 · spread now +0.910%, 7d avg −0.424%
Together, before fees−2.184%−$218 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 1.334% dearer against SunX than usual: you sell high and buy low: +$133 more if the spread goes back to its 7-day average of −0.424%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX EDGE-USDT0.58270.0100pay 0.0050% / 4h1h 07m$3K$610K10x
ShortKuCoin EDGEUSDTM0.58800.0196get 0.0098% / 4h1h 07m$2.1M$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$20.16
Price spread: +0.910% → −0.424%
$133.38
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$133.54
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: SunX: live order book, 64 min ago; KuCoin: live order book, 4 min ago. 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 SunX live order book, 64 min ago500.64 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago2.56 bp96.2 bp −$96908.5 bp −$9,085doesn't fitdoesn't fit

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%1h0.5867+0.678%$54K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5880+0.910%$7.0M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5882+0.944%$4.7M$998K20xas long as short
Backpack EDGE_USDC_PERP+0.0100%1h0.5881+0.923%$60K$100K3.3xas long as short
Variational Omni EDGE+0.0100%4h0.5864+0.639%$191K$130Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5873+0.793%$12K$1.8M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5886+1.013%$8K$294K50xas long as short
SunX EDGE-USDTlong+0.0100%4h0.5827long leg$3K$610K10x
KuCoin EDGEUSDTMshort+0.0196%4h0.5880+0.910%$2.1M$2.3M50x
Extended EDGE-USD+0.0480%1h0.5881+0.932%$27K$230K5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC EDGE_USDT+0.0480%4h0.5887+1.030%$1.2M$921K50xas long as short
Binance EDGEUSDT+0.0490%4h0.5888+1.047%$10.0M$10.1M50xas long as short
Aster EDGEUSDT+0.0501%4h0.5873+0.794%$68K$136K5xas long as short
BloFin EDGE-USDT+0.0527%4h0.5873+0.789%$631K$125K50xas long as short
edgeX EDGEUSDC+0.0543%4h0.5877+0.851%$14.0M$3.4M30xas long as short
OKX EDGE-USDT-SWAP+0.0581%4h0.5892+1.115%$3.6M$5.8M20xas long as short
Orderly PERP_EDGE_USDC+0.0582%4h0.5885+0.995%$3K10xas long as short