Funding arb · Price arb / Crypto
VIRTUAL
All VIRTUAL markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5823 | +0.0100 | pay 0.0013% / 1h | 12m 30s | $31K | $179K | 50x | Long TxFlow5% off | |
| SHORT | 0.5823 | +0.0021 | get 0.0011% / 4h | 2h 12m | $13K | $211K | 10x | Short edgeX |
Price gap+0.008%60s
Funding gap−0.0079% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18−0.0079% /8h now · paid +0.183% over the last 7D
Price—spread +0.008%60s now · prices read too far apart to compare
Costs−$440.444% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropTxFlow: points · edgeX: 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+0.008%
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
/8hVIRTUAL on 34 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest9.7 / 11.2 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$200 + $1,000TxFlow 50x, 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: −$2.36Long TxFlow: 24 payments, −$3.00; short edgeX: 6 payments, +$0.64.
- Watch: Prices read 60 s apart+0.008% vs +0.006%Part of this gap may be the market moving.
- Watch: Short leg is thinner$13K vs $31K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0087%/8h × 21 periods+$18.29
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$26.43
Fee TxFlow bp × 2 orders−$9.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$26.14
price spread not counted: prices read too far apartCosts to cover0.444%Break-even17.0 days
Slippage: TxFlow: live order book, 39 min ago; edgeX: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.879.7 bp−$1054.4 bp−$544doesn’t fitdoesn’t fit
SELL · SHORTedgeX5.1811.2 bp−$1163.4 bp−$634doesn’t fitdoesn’t fit
Closing costs about the same again.
