Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.319 | +0.0485 | pay 0.0243% / 4h | 3h 58m | $14K | $260K | 10x | Long edgeX | |
| SHORT | 53.480 | +0.0050 | get 0.0050% / 8h | 7h 58m | $946K | $1.2M | — | Short BingX |
Price gap+0.302%55s
Funding gap−0.0435% /8h
The gap pays +$28 on $10k if it goes back to its 7d average, but funding costs $13 a day and eats that in about 2.1 days.
Funding on this pair paid 0.436% over the last 7 days: the rate has only just turned. The two prices were read 55 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+$44−0.0435% /8h now · paid +0.436% over the last 7D
Price—spread +0.302%55s now · prices read too far apart to compare
Costs−$1051.054% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.302%
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
/8hSHAZ on 12 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size20.4 / 31.4 bpAt $10k entering BingX costs 31.4 bp, fee and slippage, 1.5× edgeX’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: −$13.05Long edgeX: 6 payments, −$14.55; short BingX: 3 payments, +$1.50.
- Watch: Prices read 55 s apart+0.302% vs +0.026%Part of this gap may be the market moving.
- Watch: Long leg is thinner$14K vs $946K 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+0.0208%/8h × 21 periods+$43.60
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$86.37
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$61.77
price spread not counted: prices read too far apartCosts to cover1.054%Break-even16.9 days
Slippage: edgeX: live order book, 58 min ago; BingX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX11.2020.4 bp−$20doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX14.0931.4 bp−$3179.1 bp−$791220.2 bp−$22.0K769.6 bp−$384.8K
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | SHAZ/USD no longer reported ($SHAZ) seen by our collector |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market SHAZ/USD ($SHAZ) seen by our collector |
gTrade (Gains Network)