Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.9326 | +0.0993 | pay 0.0124% / 1h | 14m 06s | $106K | $58K | 25x | Long Kraken Futures | |
| SHORT | 0.9300 | −0.0043 | pay 0.0005% / 1h | 14m 06s | $45K | $73K | 20x | Short TxFlow5% off |
Price gap−0.284%
Funding gap−0.1036% /8h
Both sides work against this direction now: funding costs $31 a day on $10k and the gap is 0.284% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$43−0.1036% /8h now · paid −0.428% over the last 7D
Price—spread −0.284% now · no price history on both exchanges yet
Costsno datano order book for TxFlow
Result, before costs—+ Points / potential airdropTxFlow: points · farm boardneeds both price histories
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.428% in total, about −0.0204%/8h on average.
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−0.284%
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
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for TxFlow: its slippage is not counted.
- Note: Margin at max leverage$400 + $500Kraken Futures 25x, TxFlow 20x. 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: −$31.09Long Kraken Futures: 24 payments, −$29.80; short TxFlow: 24 payments, −$1.29.
- Note: No 7-day spread history−0.284%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$45K vs $106K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCKraken Futures Yes · TxFlow NoFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0204%/8h × 21 periods−$42.83
Price spread−0.284% → 0−$28.39
Slippage, 4 ordersno data for TxFlow—
Fee Kraken Futures bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$90.22
Costs to cover0.190%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 19 min ago; TxFlow: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures23.0342.0 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow—————
Closing costs about the same again.
TxFlow: no data.
| 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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