Funding arb · Price arb / Crypto
PEARL
All PEARL markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7523 | +0.0058 | pay 0.0029% / 4h | 2h 10m | $8K | $199K | 5x | Long edgeX | |
| SHORT | 1.7611 | +0.1304 | get 0.0163% / 1h | 10m 05s | $114K | $133K | 5x | Short Extended10% off |
Price gap+0.507%99s
Funding gap+0.1246% /8h
Both sides work: funding pays +$37 a day on $10k, and the gap is 0.390% above its 7d average: +$39 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$109+0.1246% /8h now · paid +1.089% over the last 4 days (all we have)
Price—spread +0.507%99s now · prices read too far apart to compare
Costs−$2652.653% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · Extended: 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+0.507%
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
/8hPEARL on 3 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size94.0 / 31.5 bpAt $10k entering edgeX costs 94.0 bp, fee and slippage, 3.0× Extended’s.
- Note: Margin at max leverage$2,000 + $2,000edgeX 5x, Extended 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$37.38Long edgeX: 6 payments, −$1.74; short Extended: 24 payments, +$39.12.
- Watch: Prices read 99 s apart+0.507% vs +0.116%Part of this gap may be the market moving.
- Watch: Long leg is thinner$8K vs $114K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX points · Extended pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · Extended NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0928%/8h × 21 periods+$194.93
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$251.31
Fee edgeX bp × 2 orders−$9.00
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$70.38
price spread not counted: prices read too far apartCosts to cover2.653%Break-even9.5 days
Slippage: edgeX: live order book, 33 min ago; Extended: live order book, 32 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX33.2994.0 bp−$94doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTExtended3.6931.5 bp−$32261.4 bp−$2,614doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-22 10:09 | edgeX | Listing | new market PEARLUSDC ($PEARL) seen by our collector |
| 10-22 10:08 | edgeX | Listing | New Crypto Perp Listings on edgeX $PEARL Layer 1 blockchain where mining is a by-product of useful AI computation. $AXIS Self-improving data engine for Physical AI. Your next Mystery Box starts with a trade @edgeX_exchange on X ↗ |
| 10-16 16:58 | Extended | Listing | Now available to trade: $PEARL (Pearl Research) with up to 5x leverage @extendedapp on X ↗ |
| 10-16 16:55 | Extended | Listing | new market PEARL-USD ($PEARL) seen by our collector |
| 10-14 18:32 | Entropy | Other | 2/ PEARL is currently an illiquid asset. We have applied pre-listing methodologies to the current listing, and will transition to a standard crypto perp when more liquid venues exist. More on our exact methodology can be found in our Docs. @entropyIO on X ↗ |
| 10-14 18:32 | Entropy | Listing | 1/ We are excited to list PEARL, and are extremely aligned with our friends @prlnet in their mission to make the frontier of inference more useful and efficient. @entropyIO on X ↗ |
Entropy