Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 44.608 | −0.0690 | get 0.0345% / 4h | 2h 33m | $11K | $206K | 10x | Long edgeX | |
| SHORT | 44.590 | +0.0579 | get 0.0579% / 8h | 6h 33m | $912K | $1.3M | — | Short BingX |
Price gap−0.039%
Funding gap+0.1269% /8h
Funding pays +$38 a day on $10k, but the gap is 0.063% under its 7d average: −$6 if it goes back, about 4 hours of funding. At the last 7 days' pace that is about 16 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$68+0.1269% /8h now · paid +0.684% over the last 7D
Price−$6spread −0.039% now, avg +0.024% → −0.063% if it goes back
Costs−$1071.069% of $10k · taker + slippage, in and out
Result−$45−0.45%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.684% in total, about +0.0326%/8h on average.
Price and funding
1h · loading 5m…Entry / ExitedgeX: thin, under $1M open interest · BingX: thin, under $1M open interest
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−0.039%
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
/8hIONQ on 13 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size43.4 / 8.5 bpAt $10k entering edgeX costs 43.4 bp, fee and slippage, 5.1× BingX’s.
- Note: Margin at max leverage$1,000 + —edgeX 10x, BingX —. 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: +$38.07Long edgeX: 6 payments, +$20.70; short BingX: 3 payments, +$17.37.
- Watch: Gap narrower than usual−0.039% vs +0.024%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$11K vs $912K 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 · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0326%/8h × 21 periods+$68.41
Price spread−0.039% → +0.024% (7d avg)−$6.31
Slippage, 4 orderslive order books−$87.87
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$44.77
Costs to cover1.069%Break-even11.6 days
Slippage: edgeX: live order book, 62 min ago; BingX: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX8.9543.4 bp−$43doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX1.128.5 bp−$920.1 bp−$201112.9 bp−$11.3K609.5 bp−$304.7K
Closing costs about the same again.