Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.1490+0.0100pay 0.0050% / 4h1h 54m$1.6M$498K5xLong Bybit
SHORT1.1507+0.0100get 0.0050% / 4h1h 54m$955$230K10xShort edgeX
Price gap+0.155%81s
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$7 on $10k if the gap goes back to its 7d average.

The two prices were read 81 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding$00.0000% /8h now · paid 0.000% over the last 2 days (all we have)
Price—spread +0.155%81s now · prices read too far apart to compare
Costs−$1,53015.304% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · farm boardneeds both prices read together

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

edgeX price against Bybitnow
RANGE STATS · 7D
Now+0.155%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BP on 6 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size716.3 / 149.2 bp
    At $10k entering Bybit costs 716.3 bp, fee and slippage, 4.8× edgeX’s.
  • Note: Margin at max leverage$2,000 + $1,000
    Bybit 5x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Bybit: 6 payments, −$3.00; short edgeX: 6 payments, +$3.00.
  • Watch: Prices read 81 s apart+0.155% vs +0.084%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$955 vs $1.6M OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • Watch: KYCBybit Yes · edgeX No
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$1,510.41
Fee Bybit bp × 2 orders−$11.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$1,530.41
price spread not counted: prices read too far apart
Costs to cover15.304%Break-evennever at this rate
Slippage: Bybit: live order book, 2 min ago; edgeX: live order book, 23 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit16.19716.3 bp−$7162383.5 bp−$23.8Kdoesn’t fitdoesn’t fit
SELL · SHORTedgeX54.54149.2 bp−$149doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

BP news

posts that mention BP, from every exchangeSearch all news →
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09-28 07:18edgeXListingnew market BPUSDC ($BP) seen by our collector
09-20 09:45BackpackOtherLearn more about $BP ↓ @Backpack on X ↗