Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.6850 | +0.0099 | pay 0.0050% / 4h | 2h 43m | $506 | $198K | 10x | Long edgeX | |
| SHORT | 1.6839 | +0.0100 | get 0.0050% / 4h | 2h 43m | $34.5M | $33.9M | 75x | Short Binance |
Price gap−0.067%112s
Funding gap+0.0001% /8h
Funding is ≈ 0 and the gap is 0.197% under its 7d average: the price leg works against you, −$20 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0001% /8h now · paid +0.001% over the last 7D
Price—spread −0.067%112s now · prices read too far apart to compare
Costs−$2312.313% 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−0.067%
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
/8hZRO on 31 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size103.9 / 12.1 bpAt $10k entering edgeX costs 103.9 bp, fee and slippage, 8.6× Binance’s.
- Note: Margin at max leverage$1,000 + $133edgeX 10x, Binance 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$0.02Long edgeX: 6 payments, −$2.98; short Binance: 6 payments, +$3.00.
- Watch: Prices read 112 s apart−0.067% vs +0.130%Part of this gap may be the market moving.
- Watch: Long leg is thinner$506 vs $34.5M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCedgeX No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0001%/8h × 21 periods+$0.13
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$212.29
Fee edgeX bp × 2 orders−$9.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$231.16
price spread not counted: prices read too far apartCosts to cover2.313%Break-even12668.4 days
Slippage: edgeX: live order book, 62 min ago; Binance: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX2.35103.9 bp−$104doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance0.3012.1 bp−$1241.7 bp−$417203.6 bp−$20.4Kdoesn’t fit
Closing costs about the same again.
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