Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 12.467 | +0.0284 | pay 0.0142% / 4h | 3h 02m | $3K | $211K | 10x | Long edgeX | |
| SHORT | 12.490 | +0.1217 | get 0.1217% / 8h | 3h 02m | $298K | $1.2M | — | Short BingX |
Price gap+0.182%85s
Funding gap+0.0933% /8h
Both sides work: funding pays +$28 a day on $10k, and the gap is 0.115% above its 7d average: +$11 more if it goes back.
The two prices were read 85 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 forecastFunding+$56+0.0933% /8h now · paid +0.564% over the last 7D
Price—spread +0.182%85s now · prices read too far apart to compare
Costs−$1621.618% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.564% in total, about +0.0268%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.182%
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
/8hPATH on 10 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size41.3 / 26.5 bpAt $10k entering edgeX costs 41.3 bp, fee and slippage, 1.6× BingX’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: +$27.99Long edgeX: 6 payments, −$8.52; short BingX: 3 payments, +$36.51.
- Watch: Prices read 85 s apart+0.182% vs +0.067%Part of this gap may be the market moving.
- Watch: Long leg is thinner$3K vs $298K 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+0.0268%/8h × 21 periods+$56.35
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$142.81
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$105.45
price spread not counted: prices read too far apartCosts to cover1.618%Break-even20.1 days
Slippage: edgeX: live order book, 3 min ago; BingX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX20.0641.3 bp−$41doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX20.0226.5 bp−$2672.8 bp−$728403.5 bp−$40.3Kdoesn’t fit
Closing costs about the same again.
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