Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

NET

RWAAll NET markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
edgeXNETUSDC
350.72−0.0620get 0.0310% / 4h3h 42m$41K$339K10xLong edgeX
SHORT
BingXNCSKNET2USD-USDT
352.07+0.0050get 0.0050% / 8h7h 42m—$1.6M—Short BingX
Price gap+0.386%93s
Funding gap+0.0670% /8h

Both sides work: funding pays +$20 a day on $10k, and the gap is 0.286% above its 7d average: +$29 more if it goes back.

The two prices were read 93 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 forecast
Funding+$5+0.0670% /8h now · paid +0.048% over the last 7D
Price—spread +0.386%93s now · prices read too far apart to compare
Costs−$1041.037% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · farm boardneeds both prices read together

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.048% in total, about +0.0023%/8h on average.

Price and funding

1h · loading 5m…
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.386%
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

/8h

NET on 11 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size24.2 / 28.6 bp
    At $10k entering BingX costs 28.6 bp, fee and slippage, 1.2× edgeX’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 / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$20.11Long edgeX: 6 payments, +$18.61; short BingX: 3 payments, +$1.50.
  • Watch: Prices read 93 s apart+0.386% vs +0.100%
    Part of this gap may be the market moving.
  • Note: Open interest unknown$41K vs — OI
    BingX reports no open interest, so the legs cannot be compared.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • Watch: KYCedgeX No · BingX Yes
    Advanced 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 out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0023%/8h × 21 periods+$4.82
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$84.68
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$98.87
price spread not counted: prices read too far apart
Costs to cover1.037%Break-even150.6 days
Slippage: edgeX: live order book, 1 min ago; BingX: live order book, 17 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGedgeX12.9424.2 bp−$24doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX12.2228.6 bp−$2981.1 bp−$811149.0 bp−$14.9K639.8 bp−$319.9K

Closing costs about the same again.

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