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
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG40.571+0.0661pay 0.0331% / 4h3h 03m$46K$288K10xLong edgeX
SHORT40.460+0.4159get 0.4159% / 8h3h 03m$914K$1.2M—Short BingX
Price gap−0.274%
Funding gap+0.3498% /8h

Funding pays +$105 a day on $10k, but the gap is 0.236% under its 7d average: −$24 if it goes back, about 5 hours of funding. At the last 7 days' pace that is about 40 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$99+0.3498% /8h now · paid +0.993% over the last 7D
Price−$24spread −0.274% now, avg −0.038% → −0.236% if it goes back
Costs−$3103.104% of $10k · taker + slippage, in and out
Result−$235−2.35%+ 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 +0.993% in total, about +0.0473%/8h on average.

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.274%
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

OUST on 8 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Thin at this size41.2 / 95.6 bp
    At $10k entering BingX costs 95.6 bp, fee and slippage, 2.3× 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: +$104.93Long edgeX: 6 payments, −$19.84; short BingX: 3 payments, +$124.77.
  • Watch: Gap narrower than usual−0.274% vs −0.038%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$46K vs $914K OI
    edgeX sets your exit cost. Check its book before closing.
  • 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+0.0473%/8h × 21 periods+$99.35
Price spread−0.274% → −0.038% (7d avg)−$23.62
Slippage, 4 orderslive order books−$291.44
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$234.72
Costs to cover3.104%Break-even23.5 days
Slippage: edgeX: live order book, 3 min ago; BingX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGedgeX24.5841.2 bp−$41doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX44.4995.6 bp−$96253.0 bp−$2,530412.4 bp−$41.2K944.7 bp−$472.3K

Closing costs about the same again.

Alert