Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.6741 | +0.0100 | pay 0.0050% / 4h | 1h 45m | $2.8M | $401K | 50x | Long KuCoin | |
| SHORT | 1.6705 | +0.0095 | get 0.0048% / 4h | 1h 45m | $431 | $198K | 10x | Short edgeX |
Price gap−0.216%
Funding gap−0.0005% /8h
Funding is ≈ 0 and the gap is 0.077% under its 7d average: the price leg works against you, −$8 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4−0.0005% /8h now · paid +0.043% over the last 7D
Price−$8spread −0.216% now, avg −0.139% → −0.077% if it goes back
Costs−$3183.184% of $10k · taker + slippage, in and out
Result−$322−3.22%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.216%
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 size66.9 / 88.8 bpAt $10k entering edgeX costs 88.8 bp, fee and slippage, 1.3× KuCoin’s.
- Note: Margin at max leverage$200 + $1,000KuCoin 50x, edgeX 10x. 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: −$0.14Long KuCoin: 6 payments, −$3.00; short edgeX: 6 payments, +$2.86.
- Watch: Gap narrower than usual−0.216% vs −0.139%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$431 vs $2.8M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · edgeX NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0020%/8h × 21 periods+$4.28
Price spread−0.216% → −0.139% (7d avg)−$7.68
Slippage, 4 orderslive order books−$297.35
Fee KuCoin bp × 2 orders−$12.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$321.75
Costs to cover3.184%Break-even532.9 days
Slippage: KuCoin: live order book, 5 min ago; edgeX: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin8.0766.9 bp−$67152.4 bp−$1,524doesn’t fitdoesn’t fit
SELL · SHORTedgeX2.6788.8 bp−$89doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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