Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,071.9 | +0.0688 | pay 0.0344% / 4h | 2h 17m | $1.3M | $448K | 10x | Long edgeX | |
| SHORT | 1,072.6 | +0.0418 | get 0.0052% / 1h | 17m 15s | $286K | $369K | 20x | Short Kraken Futures |
Price gap+0.061%
Funding gap−0.0270% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 22 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$55−0.0270% /8h now · paid −0.554% over the last 7D
Price+$7spread +0.061% now, avg −0.014% → +0.075% if it goes back
Costs−$380.384% of $10k · taker + slippage, in and out
Result−$86−0.86%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Kraken Futures price against edgeXnow
RANGE STATS · 7D
Now+0.061%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMU on 39 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books5.1 / 14.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500edgeX 10x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$8.11Long edgeX: 6 payments, −$20.65; short Kraken Futures: 24 payments, +$12.54.
- OK: Entry gap works for you+0.061% vs −0.014%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$286K vs $1.3M OIKraken Futures sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCedgeX No · Kraken Futures YesFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0274%/8h × 21 periods−$57.58
Price spread+0.061% → −0.014% (7d avg)+$7.48
Slippage, 4 orderslive order books−$19.41
Fee edgeX bp × 2 orders−$9.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$88.50
Costs to cover0.384%Break-evennever at this rate
Slippage: edgeX: live order book, 2 min ago; Kraken Futures: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX0.475.1 bp−$56.8 bp−$6830.9 bp−$3,091doesn’t fit
SELL · SHORTKraken Futures2.1414.4 bp−$1490.9 bp−$909doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 03:58 | HTX | Token | 10 trades. 3 alpha setups 👀 $ETH → ETF flows strong despite the chop $NVDA → Added $150B stock buyback plan $MU → Memory cycle heats up, earnings tonight which one has your eyes? Trade TradFi 24/7 on @HTXFutures @HTX_Global on X ↗ |
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