Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02656 | +0.0053 | pay 0.0026% / 4h | 3h 59m | $130 | $84K | 3x | Long edgeX | |
| SHORT | 0.02647 | +0.0256 | get 0.0032% / 1h | 59m 58s | $5.4M | $5.4M | 3x | Short Paragon |
Price gap−0.335%58s
Funding gap+0.0203% /8h
Funding pays +$6 a day on $10k, but the gap is 0.335% under zero (no 7-day history yet): −$34 if it goes back, about 5.5 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0203% /8h now · no funding history yet
Price—spread −0.335%58s now · prices read too far apart to compare
Costsno datano order book for edgeX
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−0.335%
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
/8hPAPER on 6 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for edgeX: its slippage is not counted.
- Note: Margin at max leverage$3,333 + $3,333edgeX 3x, Paragon 3x. 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: +$6.08Long edgeX: 6 payments, −$1.59; short Paragon: 24 payments, +$7.67.
- Watch: Prices read 58 s apart−0.335% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$130 vs $5.4M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · Paragon NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$42.57
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for edgeX—
Fee edgeX bp × 2 orders−$9.00
Fee Paragon bp × 2 orders−$18.00
Net, fees only · 7 days · $10k+$15.57
price spread not counted: prices read too far apartCosts to cover0.270%Break-even4.4 days
Slippage: edgeX: no order-book sample; Paragon: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX—————
SELL · SHORTParagon71.3599.0 bp−$99doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
edgeX: no data.
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