Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2371 | +0.1010 | pay 0.0126% / 1h | 33m 45s | $249K | $393K | 10x | Long Arcus5% off | |
| SHORT | 0.2369 | +0.0201 | get 0.0100% / 4h | 3h 33m | $19K | $176K | 10x | Short edgeX |
Price gap−0.061%114s
Funding gap−0.0810% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $24 a day and eats that in about 3 hours.
The two prices were read 114 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$78−0.0810% /8h now · paid −0.778% over the last 6 days (all we have)
Price—spread −0.061%114s now · prices read too far apart to compare
Costs−$2322.320% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
edgeX price against Arcusnow
RANGE STATS · 7D
Now−0.061%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size16.7 / 116.1 bpAt $10k entering edgeX costs 116.1 bp, fee and slippage, 7.0× Arcus’s.
- Note: Margin at max leverage$1,000 + $1,000Arcus 10x, edgeX 10x. 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: −$24.29Long Arcus: 24 payments, −$30.31; short edgeX: 6 payments, +$6.03.
- Watch: Prices read 114 s apart−0.061% vs −0.090%Part of this gap may be the market moving.
- Watch: Short leg is thinner$19K vs $249K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legArcus No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0459%/8h × 21 periods−$96.45
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$218.45
Fee Arcus bp × 2 orders−$4.50
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$328.40
price spread not counted: prices read too far apartCosts to cover2.320%Break-evennever at this rate
Slippage: Arcus: live order book, 60 min ago; edgeX: live order book, 38 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus8.4416.7 bp−$1739.9 bp−$399doesn’t fitdoesn’t fit
SELL · SHORTedgeX1.05116.1 bp−$116doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Nado