Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2545 | −0.4811 | get 0.2405% / 4h | 1h 13m | $76K | $345K | 10x | Long edgeX | |
| SHORT | 0.2548 | −0.9461 | pay 0.2365% / 2h | 1h 13m | $1.2M | $32.8M | 20x | Short OKX |
Price gap+0.111%102s
Funding gap−0.4651% /8h
Funding costs $140 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1,037−0.4651% /8h now · paid −10.373% over the last 4 days (all we have)
Price—spread +0.111%102s now · prices read too far apart to compare
Costs−$1501.504% 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+0.111%
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
1 ok · 5 to watch- Watch: Thin at this size50.1 / 28.2 bpAt $10k entering edgeX costs 50.1 bp, fee and slippage, 1.8× OKX’s.
- Note: Margin at max leverage$1,000 + $500edgeX 10x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 2hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$139.52Long edgeX: 6 payments, +$144.32; short OKX: 12 payments, −$283.84.
- Watch: Prices read 102 s apart+0.111% vs +0.094%Part of this gap may be the market moving.
- Watch: Long leg is thinner$76K vs $1.2M 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 · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.8757%/8h × 21 periods−$1,838.95
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$131.44
Fee edgeX bp × 2 orders−$9.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$1,989.39
price spread not counted: prices read too far apartCosts to cover1.504%Break-evennever at this rate
Slippage: edgeX: live order book, 26 min ago; OKX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX9.8450.1 bp−$50doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX3.9228.2 bp−$28114.0 bp−$1,140doesn’t fitdoesn’t fit
Closing costs about the same again.
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