Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3106 | −0.0391 | get 0.0049% / 1h | 52m 35s | $150K | $128K | 20x | Long TxFlow5% off | |
| SHORT | 0.3109 | −0.0336 | pay 0.0168% / 4h | 2h 52m | $1K | $141K | 10x | Short edgeX |
Price gap+0.101%60s
Funding gap+0.0055% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.074% above its 7d average: +$7 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$61+0.0055% /8h now · paid +0.606% over the last 7D
Price—spread +0.101%60s now · prices read too far apart to compare
Costs−$840.839% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropTxFlow: points · edgeX: points · farm boardneeds both prices read together
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+0.101%
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 size12.3 / 26.5 bpAt $10k entering edgeX costs 26.5 bp, fee and slippage, 2.2× TxFlow’s.
- Note: Margin at max leverage$500 + $1,000TxFlow 20x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.64Long TxFlow: 24 payments, +$11.72; short edgeX: 6 payments, −$10.08.
- Watch: Prices read 60 s apart+0.101% vs +0.027%Part of this gap may be the market moving.
- Watch: Short leg is thinner$1K vs $150K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0289%/8h × 21 periods+$60.62
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$65.92
Fee TxFlow bp × 2 orders−$9.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$23.31
price spread not counted: prices read too far apartCosts to cover0.839%Break-even9.7 days
Slippage: TxFlow: live order book, 57 min ago; edgeX: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.6112.3 bp−$1282.4 bp−$824doesn’t fitdoesn’t fit
SELL · SHORTedgeX6.4226.5 bp−$26doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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