Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 23.879 | +0.0983 | pay 0.0491% / 4h | 7m 15s | $106K | $219K | 10x | Long edgeX | |
| SHORT | 24.040 | +0.0050 | get 0.0050% / 8h | 4h 07m | $984K | $1.3M | — | Short BingX |
Price gap+0.675%
Funding gap−0.0933% /8h
Funding costs $28 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$94−0.0933% /8h now · paid −0.941% over the last 7D
Price−$1spread +0.675% now, avg +0.685% → −0.010% if it goes back
Costs−$4194.192% of $10k · taker + slippage, in and out
Result−$514−5.14%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.675%
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 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size168.6 / 33.7 bpAt $10k entering edgeX costs 168.6 bp, fee and slippage, 5.0× 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: −$27.98Long edgeX: 6 payments, −$29.48; short BingX: 3 payments, +$1.50.
- Note: Gap at its usual level+0.675% vs +0.685%The price leg adds little either way.
- Watch: Long leg is thinner$106K vs $984K 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−0.0448%/8h × 21 periods−$94.07
Price spread+0.675% → +0.685% (7d avg)−$1.01
Slippage, 4 orderslive order books−$400.21
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$514.29
Costs to cover4.192%Break-evennever at this rate
Slippage: edgeX: live order book, 40 min ago; BingX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX27.24168.6 bp−$169doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX20.7933.7 bp−$3443.6 bp−$436270.9 bp−$27.1K913.3 bp−$456.6K
Closing costs about the same again.
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