Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04492 | +0.0112 | pay 0.0056% / 4h | 2h 12m | $498 | $159K | 10x | Long edgeX | |
| SHORT | 0.04505 | +0.0100 | get 0.0050% / 4h | 2h 12m | $1.7M | $845K | 50x | Short Gate |
Price gap+0.287%93s
Funding gap−0.0012% /8h
The gap pays +$15 on $10k if it goes back to its 7d average, but funding costs $0 a day and eats that in about 43 days. At the last 7 days' pace that is about 16 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7−0.0012% /8h now · paid −0.067% over the last 7D
Price—spread +0.287%93s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—+ Points / potential airdropedgeX: 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+0.287%
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
/8hSTRK on 30 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size84.4 / 23.7 bpAt $10k entering edgeX costs 84.4 bp, fee and slippage, 3.6× Gate’s.
- Note: Margin at max leverage$1,000 + $200edgeX 10x, Gate 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.35Long edgeX: 6 payments, −$3.35; short Gate: 6 payments, +$3.00.
- Watch: Prices read 93 s apart+0.287% vs +0.138%Part of this gap may be the market moving.
- Watch: Long leg is thinner$498 vs $1.7M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCedgeX No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0032%/8h × 21 periods−$6.73
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee edgeX bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: edgeX: live order book, 30 min ago; Gate: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX5.5684.4 bp−$84doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGate3.3323.7 bp−$24290.6 bp−$2,906doesn’t fitdoesn’t fit
Closing costs about the same again.
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