Funding arb · Price arb /

RE

all RE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: edgeX against KuCoin−0.027%68s7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$860.860% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.027%, 7d avg −0.065%

Together, before fees+0.077%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.038% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.065%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin REUSDTM	0.4666	0.0100	pay 0.0050% / 4h	1h 02m	$1.4M	$972K	20x
Short	edgeX REUSDC	0.4665	0.0100	get 0.0050% / 4h	1h 02m	$7K	$220K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → −0.065%: $3.77
Slippage, 4 orders: −$64.96
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$82.19
Costs to cover: 0.860%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 60 min ago.

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, 3 min ago	3.00 bp	34.8 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 60 min ago	3.19 bp	11.7 bp −$12	doesn't fit	doesn't fit	doesn't fit

RE on 14 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
gTrade (Gains Network) RE/USD	L −0.0025% / S +0.0026%	1h	0.4668	+0.029%	—	—	150x	as long as short
Aster REUSDT	+0.0100%	4h	0.4667	+0.010%	$35K	$27K	20x	as long as short
Binance REUSDT	+0.0100%	4h	0.4665	−0.018%	$8.3M	$8.6M	50x	as long as short
Bybit REUSDT	+0.0100%	4h	0.4664	−0.047%	$1.5M	$1.4M	20x	as long as short
OKX RE-USDT-SWAP	+0.0100%	4h	0.4665	−0.030%	$1.9M	$3.5M	20x	as long as short
Gate RE_USDT	+0.0100%	4h	0.4668	+0.045%	$419K	$965K	20x	as long as short
MEXC RE_USDT	+0.0100%	4h	0.4665	−0.026%	$1.2M	$440K	50x	as long as short
KuCoin REUSDTMlong	+0.0100%	4h	0.4666	long leg	$1.4M	$972K	20x
Bitget REUSDT	+0.0100%	4h	0.4667	+0.015%	$1.8M	$615K	20x	as long as short
BingX RE-USDT	+0.0100%	4h	0.4664	−0.047%	—	$1.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX REUSDCshort	+0.0100%	4h	0.4665	−0.027%	$7K	$220K	10x
Orderly PERP_RE_USDC_mythos	+0.0100%	4h	0.4666	−0.004%	$4K	—	10x	as long as short
Extended RE-USD	+0.0104%	1h	0.4666	−0.002%	$796	—	5x	as long as short
BloFin RE-USDT	+0.0124%	4h	0.4671	+0.103%	$370K	$68K	50x	as long as short