Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3160 | −0.0050 | get 0.0025% / 4h | 2h 20m | $904K | $2.3M | — | Long BingX | |
| SHORT | 0.3147 | −0.0259 | pay 0.0129% / 4h | 2h 20m | $1K | $139K | 10x | Short edgeX |
Price gap−0.419%63s
Funding gap−0.0209% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.274% 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−$45−0.0209% /8h now · paid −0.451% over the last 7D
Price—spread −0.419%63s now · prices read too far apart to compare
Costs−$890.888% 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−0.419%
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
/8hMET on 21 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size14.9 / 26.7 bpAt $10k entering edgeX costs 26.7 bp, fee and slippage, 1.8× BingX’s.
- Note: Margin at max leverage— + $1,000BingX —, 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: −$6.27Long BingX: 6 payments, +$1.50; short edgeX: 6 payments, −$7.77.
- Watch: Prices read 63 s apart−0.419% vs −0.144%Part of this gap may be the market moving.
- Watch: Short leg is thinner$1K vs $904K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · edgeX NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0215%/8h × 21 periods−$45.07
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$69.84
Fee BingX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$133.91
price spread not counted: prices read too far apartCosts to cover0.888%Break-evennever at this rate
Slippage: BingX: live order book, 19 min ago; edgeX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX4.7514.9 bp−$1573.4 bp−$734263.3 bp−$26.3Kdoesn’t fit
SELL · SHORTedgeX6.3426.7 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-10 00:13 | Orderly | Listing | new market PERP_MET_USDC_mythos ($MET) seen by our collector |
| 10-09 09:44 | edgeX | Listing | new market METUSDC ($MET) seen by our collector |
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