Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2780 | −0.0002 | get 0.0001% / 4h | 2h 53m | $505 | $128K | 10x | Long edgeX | |
| SHORT | 0.2785 | +0.0100 | get 0.0050% / 4h | 2h 53m | $170K | $107K | 50x | Short Gate |
Price gap+0.163%
Funding gap+0.0102% /8h
Funding pays +$3 a day on $10k, but the gap is 0.032% under its 7d average: −$3 if it goes back, about 25 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6+0.0102% /8h now · paid −0.062% over the last 7D
Price−$3spread +0.163% now, avg +0.195% → −0.032% if it goes back
Costs−$1531.529% of $10k · taker + slippage, in and out
Result−$162−1.62%+ 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+0.163%
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 size36.1 / 34.8 bpAt $10k entering edgeX costs 36.1 bp, fee and slippage, 1.0× Gate’s.
- Note: Margin at max leverage$1,000 + $200edgeX 10x, Gate 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: +$3.05Long edgeX: 6 payments, +$0.05; short Gate: 6 payments, +$3.00.
- Watch: Gap narrower than usual+0.163% vs +0.195%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$505 vs $170K 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 · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0029%/8h × 21 periods−$6.19
Price spread+0.163% → +0.195% (7d avg)−$3.20
Slippage, 4 orderslive order books−$128.95
Fee edgeX bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$162.34
Costs to cover1.529%Break-evennever at this rate
Slippage: edgeX: live order book, 2 min ago; Gate: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX7.1936.1 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate5.3834.8 bp−$35doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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