Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1526 | −0.0041 | get 0.0005% / 1h | 53m 18s | $158K | $370K | 20x | Long TxFlow5% off | |
| SHORT | 0.1539 | −0.0104 | pay 0.0013% / 1h | 53m 18s | $2K | $81K | 15x | Short Phoenix |
Price gap+0.826%
Funding gap−0.0063% /8h
The gap pays +$83 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 44 days. At the last 7 days' pace that is about 21 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$28−0.0063% /8h now · paid −0.278% over the last 7D
Price—spread +0.826% now · no price history on both exchanges yet
Costsno datano order book for Phoenix
Result, before costs—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories
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+0.826%
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
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Phoenix: its slippage is not counted.
- Note: Margin at max leverage$500 + $667TxFlow 20x, Phoenix 15x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.88Long TxFlow: 24 payments, +$1.23; short Phoenix: 24 payments, −$3.11.
- Note: No 7-day spread history+0.826%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$2K vs $158K OIPhoenix sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Phoenix NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0132%/8h × 21 periods−$27.81
Price spread+0.826% → 0+$82.57
Slippage, 4 ordersno data for Phoenix—
Fee TxFlow bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k+$38.76
Costs to cover0.160%Break-evenfrom the start
Slippage: TxFlow: live order book, 37 min ago; Phoenix: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow3.2213.3 bp−$1328.6 bp−$28675.5 bp−$7,552doesn’t fit
SELL · SHORTPhoenix—————
Closing costs about the same again.
Phoenix: no data.
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