Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3129 | −0.0289 | get 0.0145% / 4h | 3h 17m | $1K | $139K | 10x | Long edgeX | |
| SHORT | 0.3135 | −0.0124 | pay 0.0062% / 4h | 3h 17m | $1.7M | $2.7M | 20x | Short OKX |
Price gap+0.206%
Funding gap+0.0165% /8h
Both sides work: funding pays +$5 a day on $10k, and the gap is 0.025% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$36+0.0165% /8h now · paid +0.355% over the last 7D
Price+$3spread +0.206% now, avg +0.181% → +0.025% if it goes back
Costs−$910.915% of $10k · taker + slippage, in and out
Result−$53−0.53%+ 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+0.206%
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 / 18.6 bpAt $10k entering edgeX costs 26.8 bp, fee and slippage, 1.4× OKX’s.
- Note: Margin at max leverage$1,000 + $500edgeX 10x, OKX 20x. 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: +$4.94Long edgeX: 6 payments, +$8.67; short OKX: 6 payments, −$3.73.
- OK: Entry gap works for you+0.206% vs +0.181%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $1.7M 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 · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0169%/8h × 21 periods+$35.52
Price spread+0.206% → +0.181% (7d avg)+$2.51
Slippage, 4 orderslive order books−$72.46
Fee edgeX bp × 2 orders−$9.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$53.43
Costs to cover0.915%Break-even17.5 days
Slippage: edgeX: live order book, 5 min ago; OKX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX4.8326.8 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX1.5918.6 bp−$19134.6 bp−$1,346doesn’t fitdoesn’t fit
Closing costs about the same again.
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