Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004503 | −0.0124 | get 0.0016% / 1h | 52m 55s | $102K | $1.6M | 40x | Long TxFlow5% off | |
| SHORT | 0.000004528 | +0.0100 | get 0.0050% / 4h | 3h 52m | $25K | $405K | 20x | Short edgeX |
Price gap+0.551%
Funding gap+0.0224% /8h
Both sides work: funding pays +$7 a day on $10k, and the gap is 0.477% above its 7d average: +$48 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19+0.0224% /8h now · paid +0.192% over the last 7D
Price+$48spread +0.551% now, avg +0.073% → +0.477% if it goes back
Costs−$330.332% of $10k · taker + slippage, in and out
Result+$34+0.34%+ Points / potential airdropTxFlow: points · edgeX: 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+0.551%
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
3 ok · 3 to watch- Watch: Large against open interest12.3 / 5.7 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$250 + $500TxFlow 40x, edgeX 20x. 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: +$6.72Long TxFlow: 24 payments, +$3.72; short edgeX: 6 payments, +$3.00.
- OK: Entry gap works for you+0.551% vs +0.073%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$25K vs $102K 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+0.0091%/8h × 21 periods+$19.18
Price spread+0.551% → +0.073% (7d avg)+$47.74
Slippage, 4 orderslive order books−$15.18
Fee TxFlow bp × 2 orders−$9.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k+$33.75
Costs to cover0.332%Break-evenfrom the start
Slippage: TxFlow: live order book, 4 min ago; edgeX: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.1012.3 bp−$1228.3 bp−$283189.0 bp−$18.9Kdoesn’t fit
SELL · SHORTedgeX0.985.7 bp−$68.5 bp−$85doesn’t fitdoesn’t fit
Closing costs about the same again.
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