Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 316.74 | +0.0100 | pay 0.0013% / 1h | 9m 40s | $77K | $9.1M | 10x | Long SoDEX | |
| SHORT | 316.59 | L +0.0055S +0.0857 | pay 0.0107% / 1h | 9m 40s | $55K | $413K | 150x | Short gTrade (Gains Network) |
Price gap−0.047%
Funding gap−0.0957% /8h
Both sides work against this direction now: funding costs $29 a day on $10k and the gap is 0.047% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7−0.0957% /8h now · paid −0.070% over the last 2 days (all we have)
Price−$5spread −0.047% now, avg −0.001% → −0.047% if it goes back
Costs−$3,16931.692% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 2 days it paid −0.070% in total, about −0.0117%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.047%
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
/8hQNT on 17 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size18.1 / 1210.4 bpAt $10k entering gTrade (Gains Network) costs 1210.4 bp, fee and slippage, 66.9× SoDEX’s.
- Note: Margin at max leverage$1,000 + $67SoDEX 10x, gTrade (Gains Network) 150x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$28.72Long SoDEX: 24 payments, −$3.00; short gTrade (Gains Network): 24 payments, −$25.72.
- Watch: Gap narrower than usual−0.047% vs −0.001%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$55K vs $77K OIgTrade (Gains Network) sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSoDEX No · gTrade (Gains Network) NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0117%/8h × 21 periods−$24.48
Price spread−0.047% → −0.001% (7d avg)−$4.66
Slippage, 4 orderslive order books−$3,151.21
Fee SoDEX bp × 2 orders−$8.00
Fee gTrade (Gains Network) bp × 2 orders−$10.00
Net · 7 days · $10k−$3,198.35
Costs to cover31.692%Break-evennever at this rate
Slippage: SoDEX: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle exchange), 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSoDEX0.1618.1 bp−$1859.5 bp−$595doesn’t fitdoesn’t fit
SELL · SHORTgTrade (Gains Network)130.011210.4 bp−$1,210doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-30 04:14 | SunX | Other | 🔗 OKLO/USDT: 🔗 QNT/USDT: 🔗 USDBRL/USDT: @SunX_DEX on X ↗ |
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