Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 764.49 | +0.0708 | pay 0.0354% / 4h | 4m 40s | $626K | $218K | 20x | Long edgeX | |
| SHORT | 765.08 | −0.0050 | pay 0.0050% / 8h | 4h 04m | $910K | $1.9M | — | Short BingX |
Price gap+0.077%55s
Funding gap−0.0758% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $23 a day and eats that in about 5 hours. At the last 7 days' pace that is about 11 hours.
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−$76−0.0758% /8h now · paid −0.759% over the last 7D
Price—spread +0.077%55s now · prices read too far apart to compare
Costs−$290.294% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.077%
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
/8hSPY on 28 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books9.6 / 5.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —edgeX 20x, 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: −$22.73Long edgeX: 6 payments, −$21.23; short BingX: 3 payments, −$1.50.
- Watch: Prices read 55 s apart+0.077% vs +0.025%Part of this gap may be the market moving.
- Watch: Long leg is thinner$626K vs $910K 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−0.0361%/8h × 21 periods−$75.89
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$10.41
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$105.30
price spread not counted: prices read too far apartCosts to cover0.294%Break-evennever at this rate
Slippage: edgeX: live order book, 8 min ago; BingX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX5.109.6 bp−$1010.3 bp−$103doesn’t fitdoesn’t fit
SELL · SHORTBingX0.065.1 bp−$55.7 bp−$578.7 bp−$86618.4 bp−$9,189
Closing costs about the same again.
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-23 18:00 | Vest Markets | Other | The Nasdaq is giving back part of its record run, with $QQQ down around 0.8% and $SPY down around 0.6% on the session. The 10-year yield is at 5.12%, its highest since 2007, with S&P Global's flash composite PMI at 58.4 from 56, the strongest since July 2021. Trade $QQQ and $SPY volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
| 09-21 18:04 | Phoenix | Other | SPY and QQQ perps now trade 24/7 on Phoenix, weekends included. Trade equities on-chain with USDC or SOL: @PhoenixTrade on X ↗ |
| 09-21 16:05 | Aevo | Contest | bitcoin:native broke $85k, zcash:native crossed $1.5k, and near:native is up 70%+ in 7 days. Trading them adds volume to Aevo’s year-end leaderboard for the projected 808,800 USDC reward. Options count too, as do the other Perp Majors: ETH, SOL, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market SPY/USD ($SPY) seen by our collector |
| 09-18 19:30 | Binance | Other | SPY bStock (SPYB) dividends are now in your Spot Wallet ✅ If you were holding tokens before 18 Sep 2026, your dividend should now be available. → $1.88 USD dividend per share → Distributed as additional SPYB Thank you for being part of Binance bStocks. 🫡 @binance on X ↗ |


Phoenix
gTrade (Gains Network)
Binance