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 | 0.04505 | +0.0055 | get 0.0055% / 8h | 2h 10m | $108K | $4K | 20x | Short Paradex+5% pts |
Price gap+0.279%59s
Funding gap−0.0057% /8h
The gap pays +$24 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 14 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7−0.0057% /8h now · paid +0.066% over the last 7D
Price—spread +0.279%59s 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 · Paradex: 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+0.279%
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 / 13.1 bpAt $10k entering edgeX costs 84.4 bp, fee and slippage, 6.4× Paradex’s.
- Note: Margin at max leverage$1,000 + $500edgeX 10x, Paradex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.71Long edgeX: 6 payments, −$3.35; short Paradex: 3 payments, +$1.64.
- Watch: Prices read 59 s apart+0.279% vs +0.035%Part of this gap may be the market moving.
- Watch: Long leg is thinner$498 vs $108K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX points · Paradex pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · Paradex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0032%/8h × 21 periods+$6.62
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 Paradex bp × 2 orders−$4.00
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; Paradex: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX5.5684.4 bp−$84doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTParadex11.1013.1 bp−$13doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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