Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 39.328 | 0 | 0.0000% / 8h | 6h 49m | $159K | $387K | 20x | Long OKX | |
| SHORT | 39.482 | +0.0603 | get 0.0302% / 4h | 2h 49m | $40K | $188K | 10x | Short edgeX |
Price gap+0.391%
Funding gap+0.0603% /8h
Both sides work: funding pays +$18 a day on $10k, and the gap is 0.109% above its 7d average: +$11 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$15+0.0603% /8h now · paid +0.153% over the last 1 day (all we have)
Price+$11spread +0.391% now, avg +0.282% → +0.109% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$26+0.26%+ Points / potential airdropedgeX: points · farm boardcosts unknown: book too thin at $10k · What 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+0.391%
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
/8hGIGADEV on 8 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than OKX’s order book right now.
- Note: Margin at max leverage$500 + $1,000OKX 20x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$18.10Long OKX: 3 payments, $0.00; short edgeX: 6 payments, +$18.10.
- OK: Entry gap works for you+0.391% vs +0.282%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$40K vs $159K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCOKX Yes · edgeX NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0368%/8h × 21 periods+$77.33
Price spread+0.391% → +0.282% (7d avg)+$10.94
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee OKX bp × 2 orders−$10.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: OKX: live order book, 51 min ago; edgeX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX1.14doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTedgeX15.20111.2 bp−$111doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.