Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1716 | +0.0328 | pay 0.0164% / 4h | 2h 10m | $1.7M | $2.0M | 20x | Long OKX | |
| SHORT | 0.1717 | +0.0100 | get 0.0050% / 4h | 2h 10m | $5K | $353K | 10x | Short edgeX |
Price gap+0.042%62s
Funding gap−0.0228% /8h
The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 2.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$45−0.0228% /8h now · paid +0.447% over the last 7D
Price—spread +0.042%62s now · prices read too far apart to compare
Costs−$2242.242% 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+0.042%
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
/8hDNA on 9 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size50.7 / 80.1 bpAt $10k entering edgeX costs 80.1 bp, fee and slippage, 1.6× OKX’s.
- Note: Margin at max leverage$500 + $1,000OKX 20x, 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: −$6.83Long OKX: 6 payments, −$9.83; short edgeX: 6 payments, +$3.00.
- Watch: Prices read 62 s apart+0.042% vs −0.114%Part of this gap may be the market moving.
- Watch: Short leg is thinner$5K 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: KYCOKX Yes · edgeX NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0213%/8h × 21 periods+$44.73
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$205.23
Fee OKX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$179.50
price spread not counted: prices read too far apartCosts to cover2.242%Break-even35.1 days
Slippage: OKX: live order book, just now; edgeX: live order book, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX5.8250.7 bp−$51732.7 bp−$7,327doesn’t fitdoesn’t fit
SELL · SHORTedgeX14.5180.1 bp−$80doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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