Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2071 | −0.0593 | get 0.0074% / 1h | 19m 02s | $178K | $350K | 10x | Long RISExInvite | |
| SHORT | 0.2070 | +0.0040 | get 0.0020% / 4h | 2h 19m | $50K | $242K | 10x | Short Orderly |
Price gap−0.053%
Funding gap+0.0633% /8h
Funding pays +$19 a day on $10k, but the gap is 0.052% under its 7d average: −$5 if it goes back, about 7 hours of funding. At the last 7 days' pace that is about 13 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0633% /8h now · paid +0.027% over the last 7D
Price−$5spread −0.053% now, avg −0.002% → −0.052% if it goes back
Costsno datano order book for Orderly
Result, before costs−$2−0.02%no pointscosts unknown: no order book for Orderly · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.027% in total, about +0.0013%/8h on average.
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−0.053%
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
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $1,000RISEx 10x, Orderly 10x. 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: +$19.00Long RISEx: 24 payments, +$17.80; short Orderly: 6 payments, +$1.20.
- Watch: Gap narrower than usual−0.053% vs −0.002%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$50K vs $178K OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legRISEx No · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0013%/8h × 21 periods+$2.69
Price spread−0.053% → −0.002% (7d avg)−$5.16
Slippage, 4 ordersno data for Orderly—
Fee RISEx bp × 2 orders−$6.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$14.47
Costs to cover0.120%Break-even44.6 days
Slippage: RISEx: live order book, 5 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGRISEx2.405.4 bp−$523.4 bp−$234doesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
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