Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 75,212 | +0.0100 | pay 0.0050% / 4h | 18m 15s | $172.1M | $281.5M | 100x | Long edgeX | |
| SHORT | 75,292.5 | +0.0100 | get 0.0013% / 1h | 18m 15s | $3.21B | $3.52B | 40x | Short Hyperliquid4% off |
Price gap+0.107%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10.0000% /8h now · paid +0.007% over the last 7D
Price−$2spread +0.107% now, avg +0.125% → −0.018% if it goes back
Costs−$180.183% 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+0.107%
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
/8hBTC on 55 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books4.6 / 4.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$100 + $250edgeX 100x, Hyperliquid 40x. 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 Hyperliquid: 24 payments, +$3.00.
- Note: Gap at its usual level+0.107% vs +0.125%The price leg adds little either way.
- Watch: Long leg is thinner$172.1M vs $3.21B OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX points · Hyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legedgeX No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0004%/8h × 21 periods+$0.74
Price spread+0.107% → +0.125% (7d avg)−$1.77
Slippage, 4 orderslive order books−$0.27
Fee edgeX bp × 2 orders−$9.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$19.29
Costs to cover0.183%Break-even189.1 days
Slippage: edgeX: live order book, 1 min ago; Hyperliquid: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX0.074.6 bp−$54.6 bp−$464.7 bp−$4756.1 bp−$3,036
SELL · SHORTHyperliquid0.074.6 bp−$54.7 bp−$475.7 bp−$5666.9 bp−$3,465
Closing costs about the same again.
BTC news
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| 11-09 02:00 | Paradex | Other | Sunday night, about $745M of crypto bets got wiped out in an hour. Bitcoin dropped to $73,428 at 21:55 UTC, then took nearly all of it back. A put at $75,500 bought before the drop: $710 → $1,853. A call at $73,500 bought at the bottom: $1,074 → $2,284 by 23:22 UTC. Paradex prices, Nov 8. Trade BTC options: @paradex on X ↗ |


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