Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 40.571 | +0.0661 | pay 0.0331% / 4h | 3h 03m | $46K | $288K | 10x | Long edgeX | |
| SHORT | 40.460 | +0.4159 | get 0.4159% / 8h | 3h 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 forecastFunding+$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
Prices
Fundingper 8h
P&L
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
/8hOUST on 8 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size41.2 / 95.6 bpAt $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 / 8hPayments 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 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+0.0473%/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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.

