Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.004197 | −0.0016 | get 0.0008% / 4h | 3h 20m | $61K | $1.7M | 20x | Long edgeX | |
| SHORT | 0.004201 | −0.0062 | pay 0.0008% / 1h | 20m 03s | $532K | $1.2M | 55x | Short TxFlow5% off |
Price gap+0.090%60s
Funding gap−0.0046% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 7.8 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16−0.0046% /8h now · paid −0.156% over the last 7D
Price—spread +0.090%60s now · prices read too far apart to compare
Costs−$450.453% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · TxFlow: 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+0.090%
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
/8hPUMP on 48 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size19.4 / 5.7 bpAt $10k entering edgeX costs 19.4 bp, fee and slippage, 3.4× TxFlow’s.
- Note: Margin at max leverage$500 + $182edgeX 20x, TxFlow 55x. 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: −$1.38Long edgeX: 6 payments, +$0.47; short TxFlow: 24 payments, −$1.86.
- Watch: Prices read 60 s apart+0.090% vs −0.017%Part of this gap may be the market moving.
- Watch: Long leg is thinner$61K vs $532K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0074%/8h × 21 periods−$15.59
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$27.27
Fee edgeX bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$60.86
price spread not counted: prices read too far apartCosts to cover0.453%Break-evennever at this rate
Slippage: edgeX: live order book, 5 min ago; TxFlow: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX7.1719.4 bp−$1923.7 bp−$237doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.195.7 bp−$611.1 bp−$11141.7 bp−$4,168268.7 bp−$134.4K
Closing costs about the same again.
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