Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2075 | +0.0122 | pay 0.0015% / 1h | 8m 59s | $168K | $195K | 10x | Long RISExInvite | |
| SHORT | 0.2075 | +0.0100 | get 0.0050% / 4h | 1h 08m | $227K | $2.3M | 20x | Short edgeX |
Price gap−0.003%
Funding gap−0.0022% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 8.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16−0.0022% /8h now · paid +0.158% over the last 7D
Price+$5spread −0.003% now, avg −0.058% → +0.055% if it goes back
Costs−$320.319% of $10k · taker + slippage, in and out
Result−$11−0.11%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.003%
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
/8hENA on 45 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books4.2 / 11.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500RISEx 10x, edgeX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.65Long RISEx: 24 payments, −$3.65; short edgeX: 6 payments, +$3.00.
- OK: Entry gap works for you−0.003% vs −0.058%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$168K vs $227K OIRISEx sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legRISEx No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0075%/8h × 21 periods+$15.84
Price spread−0.003% → −0.058% (7d avg)+$5.47
Slippage, 4 orderslive order books−$16.86
Fee RISEx bp × 2 orders−$6.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$10.55
Costs to cover0.319%Break-even11.7 days
Slippage: RISEx: live order book, 30 min ago; edgeX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGRISEx1.204.2 bp−$420.3 bp−$203doesn’t fitdoesn’t fit
SELL · SHORTedgeX7.2311.7 bp−$1213.3 bp−$13345.5 bp−$4,554doesn’t fit
Closing costs about the same again.
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