Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 66.950 | 0 | 0.0000% / 8h | 3h 49m | $796K | $1.1M | 10x | Long Bitget | |
| SHORT | 67.042 | +0.0480 | get 0.0240% / 4h | 3h 49m | $10K | $312K | 10x | Short edgeX |
Price gap+0.137%
Funding gap+0.0480% /8h
Funding pays +$14 a day on $10k, but the gap is 0.216% under its 7d average: −$22 if it goes back, about 36 hours of funding. At the last 7 days' pace that is about 23 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0480% /8h now · paid +0.067% over the last 7D
Price−$22spread +0.137% now, avg +0.353% → −0.216% if it goes back
Costs−$710.705% of $10k · taker + slippage, in and out
Result−$85−0.85%+ 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 +0.067% in total, about +0.0032%/8h on average.
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+0.137%
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
/8hMOONSHOT on 10 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size13.2 / 19.6 bpAt $10k entering edgeX costs 19.6 bp, fee and slippage, 1.5× Bitget’s.
- Note: Margin at max leverage$1,000 + $1,000Bitget 10x, 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: +$14.39Long Bitget: 3 payments, $0.00; short edgeX: 6 payments, +$14.39.
- Watch: Gap narrower than usual+0.137% vs +0.353%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$10K vs $796K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · edgeX NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0032%/8h × 21 periods+$6.66
Price spread+0.137% → +0.353% (7d avg)−$21.55
Slippage, 4 orderslive order books−$49.52
Fee Bitget bp × 2 orders−$12.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$85.42
Costs to cover0.705%Break-even96.8 days
Slippage: Bitget: live order book, 6 min ago; edgeX: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget2.2413.2 bp−$1365.7 bp−$657doesn’t fitdoesn’t fit
SELL · SHORTedgeX5.9719.6 bp−$20doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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