Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.6735 | +0.0048 | pay 0.0024% / 4h | 2h 41m | $1.2M | $519K | 25x | Long BloFin | |
| SHORT | 0.6719 | −0.0116 | pay 0.0014% / 1h | 41m 02s | $394K | $223K | 16x | Short TxFlow5% off |
Price gap−0.238%
Funding gap−0.0164% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.104% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$68−0.0164% /8h now · paid −0.685% over the last 7D
Price−$10spread −0.238% now, avg −0.134% → −0.104% if it goes back
Costs−$440.441% of $10k · taker + slippage, in and out
Result−$123−1.23%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.238%
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
/8hAERO on 24 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books11.2 / 9.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $625BloFin 25x, TxFlow 16x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.91Long BloFin: 6 payments, −$1.44; short TxFlow: 24 payments, −$3.47.
- Watch: Gap narrower than usual−0.238% vs −0.134%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$394K vs $1.2M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBloFin Limited · TxFlow NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0326%/8h × 21 periods−$68.46
Price spread−0.238% → −0.134% (7d avg)−$10.38
Slippage, 4 orderslive order books−$23.08
Fee BloFin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$122.92
Costs to cover0.441%Break-evennever at this rate
Slippage: BloFin: live order book, 2 min ago; TxFlow: live order book, 52 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin0.7411.2 bp−$1118.2 bp−$182doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.749.9 bp−$1024.7 bp−$247129.6 bp−$13.0Kdoesn’t fit
Closing costs about the same again.
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