Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3115 | −0.0297 | get 0.0149% / 4h | 3h 19m | $1K | $139K | 10x | Long edgeX | |
| SHORT | 0.3134 | −0.0106 | pay 0.0053% / 4h | 3h 19m | $723K | $653K | 25x | Short Bitget |
Price gap+0.603%
Funding gap+0.0191% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.437% above its 7d average: +$44 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21+0.0191% /8h now · paid +0.207% over the last 7D
Price+$44spread +0.603% now, avg +0.166% → +0.437% if it goes back
Costs−$1001.002% of $10k · taker + slippage, in and out
Result−$36−0.36%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.603%
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
3 ok · 3 to watch- Watch: Thin at this size26.8 / 24.2 bpAt $10k entering edgeX costs 26.8 bp, fee and slippage, 1.1× Bitget’s.
- Note: Margin at max leverage$1,000 + $400edgeX 10x, Bitget 25x. 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: +$5.73Long edgeX: 6 payments, +$8.91; short Bitget: 6 payments, −$3.18.
- OK: Entry gap works for you+0.603% vs +0.166%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $723K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCedgeX No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0098%/8h × 21 periods+$20.66
Price spread+0.603% → +0.166% (7d avg)+$43.75
Slippage, 4 orderslive order books−$79.25
Fee edgeX bp × 2 orders−$9.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$35.84
Costs to cover1.002%Break-even19.1 days
Slippage: edgeX: live order book, 3 min ago; Bitget: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX4.8326.8 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget8.0424.2 bp−$2473.5 bp−$735doesn’t fitdoesn’t fit
Closing costs about the same again.
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