Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 454.19 | +0.0125 | pay 0.0063% / 4h | 2h 15m | $50K | $224K | 10x | Long edgeX | |
| SHORT | 453.74 | +0.0204 | get 0.0204% / 8h | 2h 15m | $917K | $1.9M | — | Short BingX |
Price gap−0.100%
Funding gap+0.0079% /8h
Funding pays +$2 a day on $10k, but the gap is 0.134% under its 7d average: −$13 if it goes back, about 5.7 days of funding. At the last 7 days' pace that is about 2.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$39+0.0079% /8h now · paid +0.394% over the last 7D
Price−$13spread −0.100% now, avg +0.035% → −0.134% if it goes back
Costs−$380.380% of $10k · taker + slippage, in and out
Result−$12−0.12%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.100%
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
/8hWDC on 19 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Large against open interest9.6 / 9.5 bp$10k is over 10% of edgeX’s open interest.
- 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: +$2.36Long edgeX: 6 payments, −$3.76; short BingX: 3 payments, +$6.12.
- Watch: Gap narrower than usual−0.100% vs +0.035%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$50K vs $917K 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+0.0188%/8h × 21 periods+$39.38
Price spread−0.100% → +0.035% (7d avg)−$13.45
Slippage, 4 orderslive order books−$18.99
Fee edgeX bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$12.06
Costs to cover0.380%Break-even9.1 days
Slippage: edgeX: live order book, 51 min ago; BingX: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX2.639.6 bp−$10doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX0.119.5 bp−$922.2 bp−$22268.4 bp−$6,844658.9 bp−$329.5K
Closing costs about the same again.
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