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 10m | $498 | $159K | 10x | Long edgeX | |
| SHORT | 0.04519 | +0.0039 | get 0.0019% / 4h | 2h 10m | $6.9M | $19.4M | 50x | Short OKX |
Price gap+0.598%82s
Funding gap−0.0073% /8h
The gap pays +$49 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 22 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.0073% /8h now · paid −0.179% over the last 7D
Price—spread +0.598%82s 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+0.598%
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 / 11.6 bpAt $10k entering edgeX costs 84.4 bp, fee and slippage, 7.3× OKX’s.
- Note: Margin at max leverage$1,000 + $200edgeX 10x, OKX 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: −$2.19Long edgeX: 6 payments, −$3.35; short OKX: 6 payments, +$1.16.
- Watch: Prices read 82 s apart+0.598% vs +0.107%Part of this gap may be the market moving.
- Watch: Long leg is thinner$498 vs $6.9M 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 · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0085%/8h × 21 periods−$17.88
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 OKX bp × 2 orders−$10.00
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, 32 min ago; OKX: 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 · SHORTOKX1.1111.6 bp−$1236.9 bp−$369doesn’t fitdoesn’t fit
Closing costs about the same again.
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