Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04501 | +0.0088 | pay 0.0044% / 4h | 2h 09m | $499 | $158K | 10x | Long edgeX | |
| SHORT | 0.04520 | +0.0100 | get 0.0050% / 4h | 2h 09m | $5.0M | $995K | 50x | Short KuCoin |
Price gap+0.423%
Funding gap+0.0012% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.284% above its 7d average: +$28 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0012% /8h now · paid +0.017% over the last 7D
Price+$28spread +0.423% now, avg +0.139% → +0.284% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$30+0.30%+ Points / potential airdropedgeX: points · farm boardcosts unknown: book too thin at $10k · What 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+0.423%
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
3 ok · 3 to watch- Watch: Thin at this size84.4 / 32.6 bpAt $10k entering edgeX costs 84.4 bp, fee and slippage, 2.6× KuCoin’s.
- Note: Margin at max leverage$1,000 + $200edgeX 10x, KuCoin 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: +$0.36Long edgeX: 6 payments, −$2.64; short KuCoin: 6 payments, +$3.00.
- OK: Entry gap works for you+0.423% vs +0.139%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$499 vs $5.0M 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 · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0008%/8h × 21 periods+$1.74
Price spread+0.423% → +0.139% (7d avg)+$28.42
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee edgeX bp × 2 orders−$9.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: edgeX: live order book, 33 min ago; KuCoin: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX5.5684.4 bp−$84doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKuCoin3.3332.6 bp−$3376.5 bp−$765doesn’t fitdoesn’t fit
Closing costs about the same again.
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