Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.569 | +0.0783 | pay 0.0391% / 4h | 3h 58m | $31K | $281K | 10x | Long edgeX | |
| SHORT | 11.600 | +0.0050 | get 0.0050% / 8h | 7h 58m | $942K | $1.7M | — | Short BingX |
Price gap+0.268%55s
Funding gap−0.0733% /8h
The gap pays +$22 on $10k if it goes back to its 7d average, but funding costs $22 a day and eats that in about 24 hours. At the last 7 days' pace that is about 12 months.
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$0−0.0733% /8h now · paid −0.004% over the last 7D
Price—spread +0.268%55s now · prices read too far apart to compare
Costs−$2242.237% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.004% in total, about −0.0002%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.268%
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
/8hMARA on 11 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size62.9 / 41.6 bpAt $10k entering edgeX costs 62.9 bp, fee and slippage, 1.5× 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: −$21.98Long edgeX: 6 payments, −$23.48; short BingX: 3 payments, +$1.50.
- Watch: Prices read 55 s apart+0.268% vs +0.051%Part of this gap may be the market moving.
- Watch: Long leg is thinner$31K vs $942K 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−0.0002%/8h × 21 periods−$0.43
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$204.74
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$224.16
price spread not counted: prices read too far apartCosts to cover2.237%Break-evennever at this rate
Slippage: edgeX: live order book, 58 min ago; BingX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX25.6662.9 bp−$63doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX17.2441.6 bp−$42100.0 bp−$1,000164.7 bp−$16.5K656.6 bp−$328.3K
Closing costs about the same again.
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market MARA/USD ($MARA) seen by our collector |
gTrade (Gains Network)