Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.5733 | +0.0100 | pay 0.0050% / 4h | 2h 42m | $19K | $251K | 10x | Long edgeX | |
| SHORT | 2.5720 | −0.0157 | pay 0.0020% / 1h | 42m 19s | $108K | $91K | 25x | Short TxFlow5% off |
Price gap−0.051%60s
Funding gap−0.0257% /8h
Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.021% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$69−0.0257% /8h now · paid −0.690% over the last 7D
Price—spread −0.051%60s now · prices read too far apart to compare
Costs−$480.485% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · TxFlow: points · farm boardneeds both prices read together
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−0.051%
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
/8hICP on 29 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest14.1 / 10.9 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$1,000 + $400edgeX 10x, TxFlow 25x. 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: −$7.72Long edgeX: 6 payments, −$3.00; short TxFlow: 24 payments, −$4.72.
- Watch: Prices read 60 s apart−0.051% vs −0.031%Part of this gap may be the market moving.
- Watch: Long leg is thinner$19K vs $108K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0329%/8h × 21 periods−$68.99
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$30.48
Fee edgeX bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$117.48
price spread not counted: prices read too far apartCosts to cover0.485%Break-evennever at this rate
Slippage: edgeX: live order book, 51 min ago; TxFlow: live order book, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX9.6414.1 bp−$1430.9 bp−$309doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.8910.9 bp−$1120.8 bp−$20882.0 bp−$8,203doesn’t fit
Closing costs about the same again.
Orderly