Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 145.97 | +0.0241 | pay 0.0121% / 4h | 41m 57s | $40K | $210K | 10x | Long edgeX | |
| SHORT | 145.97 | +0.0296 | get 0.0296% / 8h | 4h 41m | $960K | $1.2M | — | Short BingX |
Price gap+0.001%85s
Funding gap+0.0055% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
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+$101+0.0055% /8h now · paid +1.009% over the last 7D
Price—spread +0.001%85s now · prices read too far apart to compare
Costs−$690.686% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.001%
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
/8hRDDT on 14 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size24.2 / 10.3 bpAt $10k entering edgeX costs 24.2 bp, fee and slippage, 2.3× 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: +$1.64Long edgeX: 6 payments, −$7.24; short BingX: 3 payments, +$8.88.
- Watch: Prices read 85 s apart+0.001% vs +0.010%Part of this gap may be the market moving.
- Watch: Long leg is thinner$40K vs $960K 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+0.0480%/8h × 21 periods+$100.88
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$49.59
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$32.29
price spread not counted: prices read too far apartCosts to cover0.686%Break-even4.8 days
Slippage: edgeX: live order book, 34 min ago; BingX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX6.1724.2 bp−$24doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX1.3710.3 bp−$1028.4 bp−$284224.6 bp−$22.5K785.0 bp−$392.5K
Closing costs about the same again.
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