Intended use
Two contract accounts must already be bound. They may be on two exchanges, or two accounts at one exchange.
Cross-exchange funding
Two perpetual legs in opposite directions. They open when the net funding gap reaches the threshold.
Usage
Execution
Set the net funding gap, target notional, net-exposure deviation, and the maximum wait for one leg. Both legs close together when the gap falls back below the threshold.
Before creation
The preview shows margin, estimated liquidation price, and distance to liquidation for each leg. If one leg is not filled before the timeout, the filled leg is reduce-only.
After it is running
One instance uses one instance slot and two account slots. Net exposure is not loosened to complete the other leg.
Allocated funds can be lost in full.
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