Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1687 | −0.0005 | get 0.0005% / 8h | 1h 56m | $26.5M | $5.1M | 50x | Long Gate | |
| SHORT | 0.1684 | +0.0066 | get 0.0008% / 1h | 56m 18s | $108K | $453K | 20x | Short TxFlow5% off |
Price gap−0.196%
Funding gap+0.0071% /8h
Funding pays +$2 a day on $10k, but the gap is 0.042% under its 7d average: −$4 if it goes back, about 47 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0071% /8h now · paid −0.012% over the last 7D
Price−$4spread −0.196% now, avg −0.154% → −0.042% if it goes back
Costs−$490.489% of $10k · taker + slippage, in and out
Result−$54−0.54%+ 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−0.196%
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
/8hARB on 37 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size17.0 / 7.4 bpAt $10k entering Gate costs 17.0 bp, fee and slippage, 2.3× TxFlow’s.
- Note: Margin at max leverage$200 + $500Gate 50x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$2.14Long Gate: 3 payments, +$0.15; short TxFlow: 24 payments, +$1.99.
- Watch: Gap narrower than usual−0.196% vs −0.154%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$108K vs $26.5M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCGate Yes · TxFlow NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0006%/8h × 21 periods−$1.24
Price spread−0.196% → −0.154% (7d avg)−$4.19
Slippage, 4 orderslive order books−$24.92
Fee Gate bp × 2 orders−$15.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$54.35
Costs to cover0.489%Break-evennever at this rate
Slippage: Gate: live order book, 2 min ago; TxFlow: live order book, 51 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate2.6617.0 bp−$1735.1 bp−$351doesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.957.4 bp−$716.7 bp−$16759.2 bp−$5,917doesn’t fit
Closing costs about the same again.
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