Funding you earn now, next payment 12:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h −0.176%
Price spread now: KuCoin against edgeX+0.653%98s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as 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−$1761.757% of the position
Funding, last 7 days−0.446%−$45 on $10k
+Price spread, last 4 days (all we have)−0.748%−$75 · spread now +0.653%, 7d avg −0.010%
=Together, before fees−1.195%+ Points / potential airdropedgeX: Active · farm board−$119 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.663% dearer against edgeX than usual: you sell high and buy low: +$66 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.446%, so the current rate has only just turned in your favour. The two prices were read 98 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 | edgeX COINUSDC | 195.30 | 0.0043 | pay 0.0022% / 4h | 3h 19m | $50K | $295K | 10x |
| Short | KuCoin COINUSDTM | 196.58 | 0.0100 | get 0.0100% / 8h | 7h 19m | $989K | $199K | 20x |
edgeX COINUSDC
KuCoin COINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.89
- Price spread: +0.653% → −0.010%
- $66.29
- Slippage, 4 orders
- −$154.7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$97.52
- Costs to cover
- 1.757%
- Break-even
- 64.4 days
Slippage from edgeX: live order book, 13 min ago; KuCoin: live order book, 45 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 edgeX live order book, 13 min ago | 5.90 bp | 10.7 bp −$11 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 13.31 bp | 58.5 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.17 | +0.443% | $71K | $177K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0068% | 1h | 196.23 | +0.474% | — | $319K | 25x | as long as short |
| Bitget COINUSDT | −0.0002% | 8h | 197.04 | +0.889% | $6.4M | $10.1M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.59 | +0.657% | $343K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.94 | +0.837% | $4.6M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.07 | +0.904% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 196.77 | +0.750% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.82 | +0.777% | $662K | $980K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.49 | +0.097% | $13K | $3.0M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.71 | +0.717% | $365K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Bitget COINUSDT
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 196.70 | +0.714% | $474K | $1.3M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0032% | 1h | 196.79 | +0.763% | $104K | $859K | 10x | as long as short |
| Binance COINUSDT | +0.0034% | 8h | 196.92 | +0.828% | $14.9M | $81.4M | 20x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.89 | +0.812% | $17K | $49K | 5x | as long as short |
| edgeX COINUSDClong | +0.0043% | 4h | 195.30 | long leg | $50K | $295K | 10x | |
| QFEX COIN-USD | +0.0047% | 1h | 196.64 | +0.684% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.66 | +0.694% | $15.3M | $12.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.58 | +0.653% | $135K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.51 | +0.617% | $425K | $2.5M | 10x | as long as short |
| BloFin COIN-USDT | +0.0094% | 8h | 196.89 | +0.812% | $189K | $486K | 20x | as long as short |
| KuCoin COINUSDTMshort | +0.0100% | 8h | 196.58 | +0.653% | $989K | $199K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.25 | −0.028% | $88K | $285K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.71 | +0.720% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.73 | +0.729% | $116 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 194.76 | −0.279% | $4K | $283K | 10x | as long as short |
| SoDEX COIN-USD | +0.0280% | 1h | 196.59 | +0.658% | $76 | $3K | 10x | as long as short |
Lighter RH COIN
Extended COIN_24_5-USD
Binance COINUSDT
Arcus COIN-USD
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
BloFin COIN-USDT
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
SoDEX COIN-USD