Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.9366 | −0.0157 | get 0.0078% / 4h | 51m 14s | $264K | $50K | 75x | Long BloFin | |
| SHORT | 0.9350 | −0.0286 | pay 0.0036% / 1h | 51m 14s | $50K | $96K | 20x | Short TxFlow5% off |
Price gap−0.171%
Funding gap−0.0130% /8h
Funding costs $4 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$80−0.0130% /8h now · paid −0.798% over the last 7D
Price−$2spread −0.171% now, avg −0.155% → −0.016% if it goes back
Costs−$430.434% of $10k · taker + slippage, in and out
Result−$125−1.25%+ 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−0.171%
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
/8hAXS on 20 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Large against open interest11.4 / 9.8 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$133 + $500BloFin 75x, TxFlow 20x. 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: −$3.89Long BloFin: 6 payments, +$4.70; short TxFlow: 24 payments, −$8.59.
- Note: Gap at its usual level−0.171% vs −0.155%The price leg adds little either way.
- Watch: Short leg is thinner$50K vs $264K 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−0.0380%/8h × 21 periods−$79.77
Price spread−0.171% → −0.155% (7d avg)−$1.56
Slippage, 4 orderslive order books−$22.41
Fee BloFin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$124.73
Costs to cover0.434%Break-evennever at this rate
Slippage: BloFin: live order book, 45 min ago; TxFlow: live order book, 78 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin1.0611.4 bp−$1121.8 bp−$218doesn’t fitdoesn’t fit
SELL · SHORTTxFlow5.339.8 bp−$1029.4 bp−$294doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-05 02:16 | SoDEX | Other | 📊 SoDEX 24h Movers | Mon, Oct 5 73 of 92 perp markets are higher. Can the broad advance hold through this week's macro releases? Market notes $AXS: Price rose on declining volume, alongside negative funding and net exchange inflows. The advance lacked stronger volume confirmation. $PENGU: Stonk launched a "Community Coins" mode on Solana, making PENGU holders eligible to share rewards from newly issued meme tokens. $PONS: Trader Bonk Guy's portfolio is down ~$13.9M from its Sept 6 peak. PONS remains his largest holding at $4.51M. This week's watchlist Mon, Oct 5, 14:00 UTC: US ISM Services PMI Wed, Oct 7, 18:00 UTC: FOMC minutes Fri, Oct 9: Michigan consumer sentiment preliminary release 73 up / 19 down / 0 flat across 92 perp markets. 24 also trade spot. Trade 👉 @sodex_official on X ↗ |
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