Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.6996 | L +0.0073S −0.0015 | pay 0.0009% / 1h | 19m 29s | $9K | $72K | 50x | Long GMX5% off | |
| SHORT | 1.6996 | +0.0099 | get 0.0050% / 4h | 2h 19m | $831 | $206K | 10x | Short edgeX |
Price gap+0.005%
Funding gap+0.0026% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$53+0.0026% /8h now · paid −0.534% over the last 7D
Price—spread +0.005% now · no price history on both exchanges yet
Costsno datano order book for GMX
Result, before costs—+ Points / potential airdropedgeX: points · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.005%
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 · 2 to watch- Note: Order book unknown—No order-book sample for GMX: its slippage is not counted.
- Note: Margin at max leverage$200 + $1,000GMX 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: +$0.79Long GMX: 24 payments, −$2.18; short edgeX: 6 payments, +$2.98.
- Note: No 7-day spread history+0.005%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$831 vs $9K 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 legGMX No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0254%/8h × 21 periods−$53.43
Price spread+0.005% → 0+$0.47
Slippage, 4 ordersno data for GMX—
Fee GMX bp × 2 orders−$12.00
Fee edgeX bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$73.96
Costs to cover0.210%Break-evennever at this rate
Slippage: GMX: no order-book sample; edgeX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGMX—————
SELL · SHORTedgeX2.0696.5 bp−$97doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
GMX: no data.
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