Funding you earn now, next payment 04:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h +0.106%
Price spread now: edgeX against KuCoin+0.151%53s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as 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−$1881.881% of the position
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.151%, 7d avg +0.007%
=Together, before fees+0.339%+ Points / potential airdropedgeX: Active · farm board+$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.143% dearer against KuCoin than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of +0.007%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.423%, so the current rate has only just turned against you. The two prices were read 53 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 COINUSDTM | 196.71 | 0.0100 | pay 0.0100% / 8h | 4h 34m | $991K | $143K | 20x |
| Short | edgeX COINUSDC | 197.01 | 0.0051 | get 0.0025% / 4h | 34m 34s | $51K | $295K | 10x |
KuCoin COINUSDTM
edgeX COINUSDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.36
- Price spread: +0.151% → +0.007%
- $14.34
- Slippage, 4 orders
- −$167.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$184.17
- Costs to cover
- 1.881%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 60 min ago; edgeX: live order book, 23 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, 60 min ago | 18.24 bp | 88.7 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 23 min ago | 5.58 bp | 10.5 bp −$10 | 16.3 bp −$163 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0767% | 8h | 196.79 | +0.041% | $6.3M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.96 | +0.127% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0209% | 8h | 196.71 | 0.000% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0087% | 1h | 196.35 | −0.183% | — | $277K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.14 | +0.220% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.62 | −0.045% | $118K | $694K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.67 | −0.020% | $15.0M | $79.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.64 | −0.036% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.61 | −0.051% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.70 | −0.005% | $679K | $936K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.93 | +0.111% | $13K | $2.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 196.68 | −0.015% | $1.3M | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.58 | −0.068% | $346K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.54 | −0.086% | $447K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.97 | +0.132% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.56 | −0.076% | $15.3M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.79 | +0.041% | $126K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.81 | +0.051% | $61 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.29 | −0.214% | $348K | $2.8M | 10x | as long as short |
| edgeX COINUSDCshort | +0.0051% | 4h | 197.01 | +0.151% | $51K | $295K | 10x | |
| KuCoin COINUSDTMlong | +0.0100% | 8h | 196.71 | long leg | $991K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.77 | +0.031% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.92 | +0.107% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.78 | +0.037% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.94 | +0.117% | $188K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.00 | +0.147% | $4K | $281K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN