Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 523.38 | −0.0864 | get 0.0432% / 4h | 2h 51m | $85K | $381K | 10x | Long edgeX | |
| SHORT | 522.91 | +0.0054 | get 0.0054% / 8h | 2h 51m | $1.5M | $270K | 50x | Short Bybit |
Price gap−0.090%112s
Funding gap+0.0918% /8h
Funding pays +$28 a day on $10k, but the gap is 0.201% under its 7d average: −$20 if it goes back, about 18 hours of funding. At the last 7 days' pace that is about 47 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$72+0.0918% /8h now · paid +0.723% over the last 7D
Price—spread −0.090%112s now · prices read too far apart to compare
Costs−$580.582% 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−0.090%
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
/8hAMD on 39 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size11.8 / 18.8 bpAt $10k entering Bybit costs 18.8 bp, fee and slippage, 1.6× edgeX’s.
- Note: Margin at max leverage$1,000 + $200edgeX 10x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$27.55Long edgeX: 6 payments, +$25.92; short Bybit: 3 payments, +$1.63.
- Watch: Prices read 112 s apart−0.090% vs +0.111%Part of this gap may be the market moving.
- Watch: Long leg is thinner$85K vs $1.5M 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 · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0344%/8h × 21 periods+$72.31
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$38.15
Fee edgeX bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k+$14.16
price spread not counted: prices read too far apartCosts to cover0.582%Break-even5.6 days
Slippage: edgeX: live order book, 61 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX5.4411.8 bp−$1233.4 bp−$334doesn’t fitdoesn’t fit
SELL · SHORTBybit4.6718.8 bp−$1985.0 bp−$850doesn’t fitdoesn’t fit
Closing costs about the same again.
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