Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3157 | −0.0167 | get 0.0083% / 4h | 2h 19m | $1.7M | $2.7M | 20x | Long OKX | |
| SHORT | 0.3158 | −0.0248 | pay 0.0124% / 4h | 2h 19m | $1K | $140K | 10x | Short edgeX |
Price gap+0.040%
Funding gap−0.0081% /8h
The gap pays +$22 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 9.1 days. At the last 7 days' pace that is about 4.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$36−0.0081% /8h now · paid −0.355% over the last 7D
Price+$22spread +0.040% now, avg −0.180% → +0.220% if it goes back
Costs−$930.932% of $10k · taker + slippage, in and out
Result−$107−1.07%+ 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+0.040%
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 size20.4 / 26.7 bpAt $10k entering edgeX costs 26.7 bp, fee and slippage, 1.3× OKX’s.
- Note: Margin at max leverage$500 + $1,000OKX 20x, edgeX 10x. 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: −$2.42Long OKX: 6 payments, +$5.01; short edgeX: 6 payments, −$7.43.
- OK: Entry gap works for you+0.040% vs −0.180%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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: KYCOKX Yes · edgeX NoAdvanced 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+0.040% → −0.180% (7d avg)+$22.00
Slippage, 4 orderslive order books−$74.21
Fee OKX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$106.73
Costs to cover0.932%Break-evennever at this rate
Slippage: OKX: live order book, 4 min ago; edgeX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX1.5920.4 bp−$20doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTedgeX6.3426.7 bp−$27doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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| 10-09 09:44 | edgeX | Listing | new market METUSDC ($MET) seen by our collector |
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