Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 20.679 | +0.0465 | pay 0.0232% / 4h | 2h 22m | $414K | $296K | 10x | Long edgeX | |
| SHORT | 20.560 | +0.0516 | get 0.0516% / 8h | 2h 22m | $915K | $1.7M | — | Short BingX |
Price gap−0.578%55s
Funding gap+0.0051% /8h
Funding pays +$2 a day on $10k, but the gap is 0.645% under its 7d average: −$65 if it goes back, about 42 days of funding. At the last 7 days' pace that is about 21 days.
The two prices were read 55 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$22+0.0051% /8h now · paid +0.219% over the last 7D
Price—spread −0.578%55s now · prices read too far apart to compare
Costs−$450.455% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.578%
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
/8hKORU on 19 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size17.7 / 7.4 bpAt $10k entering edgeX costs 17.7 bp, fee and slippage, 2.4× 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: +$1.53Long edgeX: 6 payments, −$13.94; short BingX: 3 payments, +$15.47.
- Watch: Prices read 55 s apart−0.578% vs +0.068%Part of this gap may be the market moving.
- Watch: Long leg is thinner$414K vs $915K 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+0.0105%/8h × 21 periods+$21.95
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$26.50
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$23.55
price spread not counted: prices read too far apartCosts to cover0.455%Break-even14.5 days
Slippage: edgeX: live order book, 45 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX7.1717.7 bp−$1858.3 bp−$583doesn’t fitdoesn’t fit
SELL · SHORTBingX2.427.4 bp−$78.8 bp−$8823.2 bp−$2,31777.0 bp−$38.5K
Closing costs about the same again.