Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 96.141 | −0.0188 | get 0.0094% / 4h | 2h 40m | $316K | $234K | 10x | Long edgeX | |
| SHORT | 96.310 | 0 | 0.0000% / 8h | 6h 40m | $841 | $693K | 10x | Short SunX≤10% back |
Price gap+0.176%62s
Funding gap+0.0188% /8h
Funding pays +$6 a day on $10k, but the gap is 0.050% under its 7d average: −$5 if it goes back, about 21 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$33+0.0188% /8h now · paid −0.326% over the last 7D
Price—spread +0.176%62s now · prices read too far apart to compare
Costs−$1491.491% 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+0.176%
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
/8hHOOD on 40 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size11.0 / 78.8 bpAt $10k entering SunX costs 78.8 bp, fee and slippage, 7.1× edgeX’s.
- Note: Margin at max leverage$1,000 + $1,000edgeX 10x, SunX 10x. 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: +$5.65Long edgeX: 6 payments, +$5.65; short SunX: 3 payments, $0.00.
- Watch: Prices read 62 s apart+0.176% vs +0.226%Part of this gap may be the market moving.
- Watch: Short leg is thinner$841 vs $316K OISunX 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 legedgeX No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0155%/8h × 21 periods−$32.58
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$132.12
Fee edgeX bp × 2 orders−$9.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$181.71
price spread not counted: prices read too far apartCosts to cover1.491%Break-evennever at this rate
Slippage: edgeX: live order book, 2 min ago; SunX: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX5.7211.0 bp−$1122.6 bp−$226doesn’t fitdoesn’t fit
SELL · SHORTSunX29.9678.8 bp−$79doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 15:08 | tradeXYZ | Other | Earnings this week on TradeXYZ: Tue 10/27: Robinhood (HOOD), SK hynix (SKHX, SKHY) Wed 10/28: Microsoft (MSFT), Alphabet (GOOGL), ServiceNow (NOW), GE Vernova (GEV), United Microelectronic Corp (UMC), eBay (EBAY) Thu 10/29: Eli Lilly (LLY), Samsung (SAMSUNG), Amazon (AMZN), Intel (INTC), Sandisk (SNDK), Coinbase (COIN), Strategy (MSTR), Reddit (RDDT), Rivian (RIVN) Fri 10/30: Chevron (CVX), Kioxia (KIOXIA) @tradexyz on X ↗ |
| 10-27 14:14 | Phoenix | Other | Robinhood, $HOOD reports earnings after the market closes today. Analysts expect revenue of ~$1.42B, which would be a company record. Trade it 24/7 on Phoenix: @PhoenixTrade on X ↗ |
| 10-26 22:17 | Polymarket Perps | Other | One of the biggest earnings weeks of the season is here. Tue Oct 27 • SKHY • SKHYNIX • HOOD Wed Oct 28 • SAMSUNG • MSFT • GOOGL Thu Oct 29 • AMZN • INTC • SNDK • MSTR • STRC • COIN Trade every report on Polymarket Perps👇 @Poly_Perps on X ↗ |
| 10-26 15:26 | Variational Omni | Other | Eligible markets: Day 1 (Oct 27): $HOOD, $V, $STX, $TER, $SKHY Day 2 (Oct 28): $GOOGL, $MSFT, $KLAC Day 3 (Oct 29): $AMZN, $COIN, $MSTR, $RDDT, $SNDK @variational_io on X ↗ |
| 10-23 16:53 | Backpack | Other | Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗ |
| 10-23 08:04 | Reya | Listing | $CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗ |


tradeXYZ
Phoenix
Polymarket Perps
Variational Omni
Backpack