Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004958 | +0.0100 | pay 0.0050% / 4h | 3h 14m | $27K | $358K | 20x | Long edgeX | |
| SHORT | 0.000004952 | +0.0193 | get 0.0024% / 1h | 14m 46s | $51K | $58K | 10x | Short Phoenix |
Price gap−0.115%
Funding gap+0.0093% /8h
Funding pays +$3 a day on $10k, but the gap is 0.115% under zero (no 7-day history yet): −$11 if it goes back, about 4.1 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$13+0.0093% /8h now · paid −0.132% over the last 7D
Price—spread −0.115% now · no price history on both exchanges yet
Costsno datano order book for Phoenix
Result, before costs—+ Points / potential airdropedgeX: points · farm boardneeds both price histories
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−0.115%
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
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Phoenix: its slippage is not counted.
- Note: Margin at max leverage$500 + $1,000edgeX 20x, Phoenix 10x. 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: +$2.79Long edgeX: 6 payments, −$3.00; short Phoenix: 24 payments, +$5.79.
- Note: No 7-day spread history−0.115%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$27K vs $51K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · Phoenix NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0063%/8h × 21 periods−$13.18
Price spread−0.115% → 0−$11.48
Slippage, 4 ordersno data for Phoenix—
Fee edgeX bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k−$40.66
Costs to cover0.160%Break-evennever at this rate
Slippage: edgeX: live order book, 23 min ago; Phoenix: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX2.277.0 bp−$79.5 bp−$95doesn’t fitdoesn’t fit
SELL · SHORTPhoenix—————
Closing costs about the same again.
Phoenix: no data.
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