Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.0384 | +0.0100 | pay 0.0050% / 4h | 58m 12s | $391K | $13K | 10x | Long Gate | |
| SHORT | 0.9879 | +0.0100 | get 0.0050% / 4h | 58m 12s | $9K | $185K | 10x | Short edgeX |
Price gap−4.859%78s
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$157 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 0.000% over the last 7D
Price—spread −4.859%78s now · prices read too far apart to compare
Costs−$3,66236.623% 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−4.859%
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
/8hBP on 7 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size2488.6 / 220.3 bpAt $10k entering Gate costs 2488.6 bp, fee and slippage, 11.3× edgeX’s.
- Note: Margin at max leverage$1,000 + $1,000Gate 10x, edgeX 10x. 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 Gate: 6 payments, −$3.00; short edgeX: 6 payments, +$3.00.
- Watch: Prices read 78 s apart−4.859% vs −6.433%Part of this gap may be the market moving.
- Watch: Short leg is thinner$9K vs $391K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCGate Yes · edgeX NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$3,638.32
Fee Gate bp × 2 orders−$15.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$3,662.32
price spread not counted: prices read too far apartCosts to cover36.623%Break-evennever at this rate
Slippage: Gate: live order book, 52 min ago; edgeX: live order book, 53 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate35.562488.6 bp−$2,48924525.0 bp−$245.3Kdoesn’t fitdoesn’t fit
SELL · SHORTedgeX68.12220.3 bp−$220doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-20 09:45 | Backpack | Other | Learn more about $BP ↓ @Backpack on X ↗ |


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