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 | 1.2295 | +0.0100 | get 0.0013% / 1h | 7m 20s | $124K | $71K | 3x | Short Pacifica10% back |
Price gap+1.409%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$119 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid +0.001% over the last 2 days (all we have)
Price+$119spread +1.409% now, avg +0.216% → +1.193% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$119+1.19%+ Points / potential airdropedgeX: points · Pacifica: points · farm boardcosts unknown: book too thin at $10k · What 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
Pacifica price against edgeXnow
RANGE STATS · 7D
Now+1.409%
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
3 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than Pacifica’s order book right now.
- Note: Margin at max leverage$1,000 + $3,333edgeX 10x, Pacifica 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long edgeX: 6 payments, −$3.00; short Pacifica: 24 payments, +$3.00.
- OK: Entry gap works for you+1.409% vs +0.216%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $124K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX points · Pacifica pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · Pacifica NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0002%/8h × 21 periods+$0.35
Price spread+1.409% → +0.216% (7d avg)+$119.27
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee edgeX bp × 2 orders−$9.00
Fee Pacifica bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: edgeX: live order book, 5 min ago; Pacifica: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX65.64191.9 bp−$192doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPacifica56.38doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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