Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3034 | −0.0035 | get 0.0017% / 4h | 2h 11m | $1K | $140K | 10x | Long edgeX | |
| SHORT | 0.3040 | +0.0100 | get 0.0050% / 4h | 2h 11m | $4.7M | $1.4M | 25x | Short Bybit |
Price gap+0.213%
Funding gap+0.0135% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.043% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$14+0.0135% /8h now · paid −0.141% over the last 7D
Price+$4spread +0.213% now, avg +0.170% → +0.043% if it goes back
Costs−$1111.110% of $10k · taker + slippage, in and out
Result−$121−1.21%+ 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+0.213%
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 size28.2 / 25.1 bpAt $10k entering edgeX costs 28.2 bp, fee and slippage, 1.1× Bybit’s.
- Note: Margin at max leverage$1,000 + $400edgeX 10x, Bybit 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: +$4.04Long edgeX: 6 payments, +$1.04; short Bybit: 6 payments, +$3.00.
- OK: Entry gap works for you+0.213% vs +0.170%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long 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: KYCedgeX No · Bybit YesStandard 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 spread+0.213% → +0.170% (7d avg)+$4.30
Slippage, 4 orderslive order books−$91.02
Fee edgeX bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$120.83
Costs to cover1.110%Break-evennever at this rate
Slippage: edgeX: live order book, 30 min ago; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX6.6328.2 bp−$28doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.6425.1 bp−$25160.9 bp−$1,609doesn’t fitdoesn’t fit
Closing costs about the same again.
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