Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2124 | +0.0100 | pay 0.0050% / 4h | 1h 07m | $1K | $230K | 10x | Long edgeX | |
| SHORT | 1.2112 | +0.0100 | get 0.0050% / 4h | 1h 07m | $1.7M | $510K | 5x | Short Bybit |
Price gap−0.103%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.022% under its 7d average: the price leg works against you, −$2 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 2 days (all we have)
Price−$2spread −0.103% now, avg −0.081% → −0.022% if it goes back
Costs−$1,70517.054% of $10k · taker + slippage, in and out
Result−$1,708−17.08%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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
Bybit price against edgeXnow
RANGE STATS · 7D
Now−0.103%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBP on 7 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size191.9 / 775.8 bpAt $10k entering Bybit costs 775.8 bp, fee and slippage, 4.0× edgeX’s.
- Note: Margin at max leverage$1,000 + $2,000edgeX 10x, Bybit 5x. 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: $0.00Long edgeX: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.103% vs −0.081%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1K 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 earned0.0000%/8h × 21 periods$0.00
Price spread−0.103% → −0.081% (7d avg)−$2.21
Slippage, 4 orderslive order books−$1,685.38
Fee edgeX bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$1,707.60
Costs to cover17.054%Break-evennever at this rate
Slippage: edgeX: live order book, 5 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX65.64191.9 bp−$192doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit50.21775.8 bp−$7762077.8 bp−$20.8Kdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 18:36 | Phoenix | Listing | new market BP ($BP) seen by our collector |
| 09-29 11:00 | gTrade (Gains Network) | Listing | BP/USD no longer reported ($BP) seen by our collector |
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| 09-28 07:18 | edgeX | Listing | new market BPUSDC ($BP) seen by our collector |
| 09-20 09:45 | Backpack | Other | Learn more about $BP ↓ @Backpack on X ↗ |
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