Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3184 | +0.0100 | pay 0.0013% / 1h | 8m 56s | $201K | $31K | 10x | Long Backpack | |
| SHORT | 0.3184 | −0.0107 | pay 0.0053% / 4h | 2h 08m | $603K | $499K | 20x | Short edgeX |
Price gap−0.009%
Funding gap−0.0207% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 44 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$269−0.0207% /8h now · paid +2.695% over the last 7D
Price+$11spread −0.009% now, avg −0.122% → +0.113% if it goes back
Costs−$310.305% of $10k · taker + slippage, in and out
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−0.009%
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
/8hTRX on 33 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books11.3 / 5.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500Backpack 10x, edgeX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$6.20Long Backpack: 24 payments, −$3.00; short edgeX: 6 payments, −$3.20.
- OK: Entry gap works for you−0.009% vs −0.122%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$201K vs $603K OIBackpack sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBackpack Yes · edgeX NoKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.1283%/8h × 21 periods+$269.50
Price spread−0.009% → −0.122% (7d avg)+$11.32
Slippage, 4 orderslive order books−$11.51
Fee Backpack bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k+$250.31
Costs to cover0.305%Break-even0.5 days
Slippage: Backpack: live order book, 27 min ago; edgeX: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack0.1611.3 bp−$1167.2 bp−$672doesn’t fitdoesn’t fit
SELL · SHORTedgeX0.945.5 bp−$67.7 bp−$77doesn’t fitdoesn’t fit
Closing costs about the same again.
TRX news
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