Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 24.140 | 0 | 0.0000% / 8h | 7h 58m | $392K | $31K | 10x | Long Bybit | |
| SHORT | 24.120 | +0.0403 | get 0.0202% / 4h | 3h 58m | $16K | $231K | 10x | Short edgeX |
Price gap−0.084%51s
Funding gap+0.0403% /8h
Funding trade: +$12 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
The two prices were read 51 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+$91+0.0403% /8h now · paid +0.914% over the last 7D
Price—spread −0.084%51s now · prices read too far apart to compare
Costs−$9409.398% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.084%
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
/8hPOLYMARKET on 5 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size389.8 / 197.4 bpAt $10k entering Bybit costs 389.8 bp, fee and slippage, 2.0× edgeX’s.
- Note: Margin at max leverage$1,000 + $1,000Bybit 10x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$12.09Long Bybit: 3 payments, $0.00; short edgeX: 6 payments, +$12.09.
- Watch: Prices read 51 s apart−0.084% vs −0.075%Part of this gap may be the market moving.
- Watch: Short leg is thinner$16K vs $392K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · edgeX NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0435%/8h × 21 periods+$91.45
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$919.79
Fee Bybit bp × 2 orders−$11.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$848.35
price spread not counted: prices read too far apartCosts to cover9.398%Break-even71.9 days
Slippage: Bybit: live order book, 50 min ago; edgeX: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit31.06389.8 bp−$390doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTedgeX66.47197.4 bp−$197doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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