Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.683 | +0.0612 | pay 0.0306% / 4h | 10m 33s | $18K | $229K | 10x | Long edgeX | |
| SHORT | 15.730 | +0.0891 | get 0.0891% / 8h | 4h 10m | $949K | $1.2M | — | Short BingX |
Price gap+0.298%55s
Funding gap+0.0279% /8h
Both sides work: funding pays +$8 a day on $10k, and the gap is 0.258% above its 7d average: +$26 more if it goes back.
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+$83+0.0279% /8h now · paid +0.832% over the last 7D
Price—spread +0.298%55s now · prices read too far apart to compare
Costs−$1791.789% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.298%
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
/8hSOFI on 10 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size46.3 / 27.3 bpAt $10k entering edgeX costs 46.3 bp, fee and slippage, 1.7× 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: +$8.38Long edgeX: 6 payments, −$18.35; short BingX: 3 payments, +$26.73.
- Watch: Prices read 55 s apart+0.298% vs +0.039%Part of this gap may be the market moving.
- Watch: Long leg is thinner$18K vs $949K 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+0.0396%/8h × 21 periods+$83.21
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$159.94
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$95.73
price spread not counted: prices read too far apartCosts to cover1.789%Break-even15.1 days
Slippage: edgeX: live order book, 65 min ago; BingX: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX19.1946.3 bp−$46doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX22.2927.3 bp−$2789.0 bp−$890223.6 bp−$22.4K869.1 bp−$434.5K
Closing costs about the same again.
| 09-25 16:59 | Paragon | Other | SoFi opened crypto transfers to outside wallets, with bank custody and a fixed network fee. $SOFI trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗ |


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