Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3028 | +0.0100 | pay 0.0050% / 4h | 1h 12m | $4.7M | $1.5M | 25x | Long Bybit | |
| SHORT | 0.3036 | −0.0058 | pay 0.0029% / 4h | 1h 12m | $1K | $139K | 10x | Short edgeX |
Price gap+0.267%52s
Funding gap−0.0158% /8h
The gap pays +$44 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 9.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$14−0.0158% /8h now · paid +0.141% over the last 7D
Price—spread +0.267%52s now · prices read too far apart to compare
Costs−$1081.082% 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+0.267%
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 size25.5 / 27.5 bpAt $10k entering edgeX costs 27.5 bp, fee and slippage, 1.1× Bybit’s.
- Note: Margin at max leverage$400 + $1,000Bybit 25x, 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: −$4.73Long Bybit: 6 payments, −$3.00; short edgeX: 6 payments, −$1.73.
- Watch: Prices read 52 s apart+0.267% vs −0.171%Part of this gap may be the market moving.
- Watch: Short leg is thinner$1K vs $4.7M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · edgeX NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0067%/8h × 21 periods+$14.11
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$88.17
Fee Bybit bp × 2 orders−$11.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$94.06
price spread not counted: prices read too far apartCosts to cover1.082%Break-even53.7 days
Slippage: Bybit: live order book, 1 min ago; edgeX: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.6525.5 bp−$25214.9 bp−$2,149doesn’t fitdoesn’t fit
SELL · SHORTedgeX6.5827.5 bp−$28doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-10 00:13 | Orderly | Listing | new market PERP_MET_USDC_mythos ($MET) seen by our collector |
| 10-09 09:44 | edgeX | Listing | new market METUSDC ($MET) seen by our collector |
| 10-09 08:46 | edgeX | Listing | New Crypto Perp Listings on edgeX $STRK ZK rollup scaling network on Ethereum. $MET Liquidity and DEX protocol on Solana. Trade on Arc. Unlock Triple Rewards. @edgeX_exchange on X ↗ |
| 10-08 18:00 | Binance | Contest | Nice to MET you. The MET Trading Tournament is live, with up to 400 BNB in token vouchers to share. Join now → @binance on X ↗ |
| 09-28 15:16 | Phoenix | Contest | It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗ |
| 09-25 14:48 | Phoenix | Contest | $SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗ |


Binance
Phoenix