TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.6905+0.0087pay 0.0044% / 4h3h 57m$823$205K10xLong edgeX
SHORT1.6955−0.0428pay 0.0054% / 1h57m 51s$202K$35K5xShort Phoenix
Price gap+0.298%
Funding gap−0.0515% /8h

The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $15 a day and eats that in about 19 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$71−0.0515% /8h now · paid −0.706% over the last 7D
Price+$12spread +0.298% now, avg +0.177% → +0.121% if it goes back
Costs−$2692.694% of $10k · taker + slippage, in and out
Result−$328−3.28%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.298%
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

/8h

ZRO on 31 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size132.2 / 20.4 bp
    At $10k entering edgeX costs 132.2 bp, fee and slippage, 6.5× Phoenix’s.
  • Note: Margin at max leverage$1,000 + $2,000
    edgeX 10x, Phoenix 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$15.46Long edgeX: 6 payments, −$2.62; short Phoenix: 24 payments, −$12.84.
  • OK: Entry gap works for you+0.298% vs +0.177%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$823 vs $202K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • OK: No KYC on either legedgeX No · Phoenix No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0336%/8h × 21 periods−$70.62
Price spread+0.298% → +0.177% (7d avg)+$12.13
Slippage, 4 orderslive order books−$253.43
Fee edgeX bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k−$327.93
Costs to cover2.694%Break-evennever at this rate
Slippage: edgeX: live order book, 58 min ago; Phoenix: live order book, 58 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGedgeX2.38132.2 bp−$132doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPhoenix2.9720.4 bp−$2059.0 bp−$590doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ZRO news

posts that mention ZRO, from every exchangeSearch all news →
10-26 07:15AZverseListingnew market zro_usdt ($ZRO) seen by our collector
10-21 12:23OKXOtherZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗
10-19 19:00RISExOtherThe Fed’s gone quiet. Oct 28 hike odds have already slipped to the 10 - 16% range So Big Tech's earnings and Friday’s flash PMIs will most likely carry the tape for this week On crypto: ZRO unlock alongside ZEC's NU7 decision Watch out for Wednesday and Friday @risextrade on X ↗
10-15 13:32RISExOtherHappy trading $GOOGL: $STRK: $ZRO: @risextrade on X ↗
10-15 13:32RISExListingThis week adds: $GOOGL, Google how to long it. (20x) $STRK, Startnet your L2 bags. (5x) $ZRO, Zero hops between chains. (5x) All three are live More next week. @risextrade on X ↗
10-15 07:23RISExListingnew market ZRO/USDC ($ZRO) seen by our collector