Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.6966 | +0.0034 | pay 0.0004% / 1h | 13m 06s | $25K | $182K | 50x | Long TxFlow5% off | |
| SHORT | 0.6969 | −0.0015 | pay 0.0015% / 8h | 3h 13m | $1.2M | $23K | 50x | Short Variational Omni+15% pts |
Price gap+0.043%45s
Funding gap−0.0049% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 5.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$12−0.0049% /8h now · paid −0.118% over the last 7D
Price—spread +0.043%45s now · prices read too far apart to compare
Costs−$420.421% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropTxFlow: points · Variational Omni: points · farm boardneeds both prices read together
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+0.043%
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
/8hAPT on 31 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest8.3 / 12.2 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$200 + $200TxFlow 50x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.47Long TxFlow: 24 payments, −$1.02; short Variational Omni: 3 payments, −$0.44.
- Watch: Prices read 45 s apart+0.043% vs −0.037%Part of this gap may be the market moving.
- Watch: Long leg is thinner$25K vs $1.2M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0056%/8h × 21 periods−$11.84
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$33.08
Fee TxFlow bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$53.92
price spread not counted: prices read too far apartCosts to cover0.421%Break-evennever at this rate
Slippage: TxFlow: live order book, 52 min ago; Variational Omni: RFQ quote, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.728.3 bp−$820.6 bp−$206153.7 bp−$15.4Kdoesn’t fit
SELL · SHORTVariational Omni4.3012.2 bp−$1220.1 bp−$201doesn’t fitdoesn’t fit
Closing costs about the same again.
