Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.5840 | −0.0173 | get 0.0022% / 1h | 26m 42s | $108K | $90K | 25x | Long TxFlow5% off | |
| SHORT | 2.5819 | +0.0100 | get 0.0050% / 4h | 3h 26m | $19K | $252K | 10x | Short edgeX |
Price gap−0.080%60s
Funding gap+0.0273% /8h
Funding pays +$8 a day on $10k, but the gap is 0.110% under its 7d average: −$11 if it goes back, about 32 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$69+0.0273% /8h now · paid +0.695% over the last 7D
Price—spread −0.080%60s now · prices read too far apart to compare
Costs−$440.437% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropTxFlow: points · edgeX: 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−0.080%
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 interest8.9 / 14.1 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$400 + $1,000TxFlow 25x, edgeX 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: +$8.18Long TxFlow: 24 payments, +$5.18; short edgeX: 6 payments, +$3.00.
- Watch: Prices read 60 s apart−0.080% vs +0.031%Part of this gap may be the market moving.
- Watch: Short leg is thinner$19K vs $108K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0331%/8h × 21 periods+$69.45
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$25.65
Fee TxFlow bp × 2 orders−$9.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k+$25.80
price spread not counted: prices read too far apartCosts to cover0.437%Break-even4.4 days
Slippage: TxFlow: live order book, 42 min ago; edgeX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.928.9 bp−$920.7 bp−$207102.5 bp−$10.3Kdoesn’t fit
SELL · SHORTedgeX9.6414.1 bp−$1431.3 bp−$313doesn’t fitdoesn’t fit
Closing costs about the same again.
Orderly