Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2369 | +0.0201 | pay 0.0100% / 4h | 3h 35m | $19K | $176K | 10x | Long edgeX | |
| SHORT | 0.2374 | +0.1010 | get 0.0126% / 1h | 35m 57s | $249K | $403K | 10x | Short Arcus5% off |
Price gap+0.209%54s
Funding gap+0.0810% /8h
Both sides work: funding pays +$24 a day on $10k, and the gap is 0.119% above its 7d average: +$12 more if it goes back.
The two prices were read 54 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 +0.209%54s 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
Arcus price against edgeXnow
RANGE STATS · 7D
Now+0.209%
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 size87.8 / 11.4 bpAt $10k entering edgeX costs 87.8 bp, fee and slippage, 7.7× Arcus’s.
- Note: Margin at max leverage$1,000 + $1,000edgeX 10x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$24.29Long edgeX: 6 payments, −$6.03; short Arcus: 24 payments, +$30.31.
- Watch: Prices read 54 s apart+0.209% vs +0.090%Part of this gap may be the market moving.
- Watch: Long 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 legedgeX No · Arcus 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+$96.49
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$218.45
Fee edgeX bp × 2 orders−$9.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$135.47
price spread not counted: prices read too far apartCosts to cover2.320%Break-even16.8 days
Slippage: edgeX: live order book, 36 min ago; Arcus: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX1.0587.8 bp−$88doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTArcus8.4411.4 bp−$1131.3 bp−$313doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado