Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3126 | −0.0335 | get 0.0167% / 4h | 3h 57m | $1K | $140K | 10x | Long edgeX | |
| SHORT | 0.3119 | −0.0080 | pay 0.0040% / 4h | 3h 57m | $279K | $26K | 50x | Short BloFin |
Price gap−0.224%
Funding gap+0.0255% /8h
Funding pays +$8 a day on $10k, but the gap is 0.332% under its 7d average: −$33 if it goes back, about 4.3 days of funding. At the last 7 days' pace that is about 10 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$23+0.0255% /8h now · paid +0.226% over the last 7D
Price−$33spread −0.224% now, avg +0.108% → −0.332% if it goes back
Costs−$840.839% of $10k · taker + slippage, in and out
Result−$95−0.95%+ 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−0.224%
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 size27.3 / 14.1 bpAt $10k entering edgeX costs 27.3 bp, fee and slippage, 1.9× BloFin’s.
- Note: Margin at max leverage$1,000 + $200edgeX 10x, BloFin 50x. 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: +$7.65Long edgeX: 6 payments, +$10.04; short BloFin: 6 payments, −$2.39.
- Watch: Gap narrower than usual−0.224% vs +0.108%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1K vs $279K 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 · BloFin LimitedNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0108%/8h × 21 periods+$22.60
Price spread−0.224% → +0.108% (7d avg)−$33.21
Slippage, 4 orderslive order books−$62.93
Fee edgeX bp × 2 orders−$9.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$94.55
Costs to cover0.839%Break-even36.3 days
Slippage: edgeX: live order book, 58 min ago; BloFin: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX6.2827.3 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBloFin4.7414.1 bp−$1443.5 bp−$435doesn’t fitdoesn’t fit
Closing costs about the same again.
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