Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2502 | −1.0126 | get 0.5063% / 4h | 2h 12m | $75K | $345K | 10x | Long edgeX | |
| SHORT | 0.2521 | −1.8423 | pay 0.9211% / 4h | 2h 12m | $1.7M | $20.3M | 20x | Short Bybit |
Price gap+0.773%72s
Funding gap−0.8296% /8h
Both sides work against this direction now: funding costs $249 a day on $10k and the gap is 0.505% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$727−0.8296% /8h now · paid −7.268% over the last 4 days (all we have)
Price—spread +0.773%72s now · prices read too far apart to compare
Costs−$1781.778% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.773%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAXIS on 11 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size50.5 / 46.0 bpAt $10k entering edgeX costs 50.5 bp, fee and slippage, 1.1× Bybit’s.
- Note: Margin at max leverage$1,000 + $500edgeX 10x, Bybit 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$248.89Long edgeX: 6 payments, +$303.79; short Bybit: 6 payments, −$552.68.
- Watch: Prices read 72 s apart+0.773% vs +1.278%Part of this gap may be the market moving.
- Watch: Long leg is thinner$75K vs $1.7M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCedgeX No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.6200%/8h × 21 periods−$1,301.98
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$157.85
Fee edgeX bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$1,479.83
price spread not counted: prices read too far apartCosts to cover1.778%Break-evennever at this rate
Slippage: edgeX: live order book, 32 min ago; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX9.4350.5 bp−$51doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit3.9846.0 bp−$46283.9 bp−$2,839doesn’t fitdoesn’t fit
Closing costs about the same again.
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