Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.9460 | +0.0074 | pay 0.0009% / 1h | 59m 40s | $49K | $100K | 20x | Long TxFlow5% off | |
| SHORT | 0.9472 | +0.0100 | get 0.0050% / 4h | 3h 59m | $2.0M | $2.5M | — | Short BingX |
Price gap+0.127%
Funding gap+0.0026% /8h
Funding pays +$1 a day on $10k, but the gap is 0.074% under its 7d average: −$7 if it goes back, about 9.3 days of funding. At the last 7 days' pace that is about 13 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$94+0.0026% /8h now · paid +0.940% over the last 7D
Price−$7spread +0.127% now, avg +0.201% → −0.074% if it goes back
Costs−$440.444% of $10k · taker + slippage, in and out
Result+$42+0.42%+ 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+0.127%
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 · 5 to watch- Watch: Large against open interest9.8 / 14.2 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$500 + —TxFlow 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.79Long TxFlow: 24 payments, −$2.21; short BingX: 6 payments, +$3.00.
- Watch: Gap narrower than usual+0.127% vs +0.201%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$49K vs $2.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0448%/8h × 21 periods+$94.01
Price spread+0.127% → +0.201% (7d avg)−$7.37
Slippage, 4 orderslive order books−$25.42
Fee TxFlow bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$42.21
Costs to cover0.444%Break-even3.9 days
Slippage: TxFlow: live order book, 53 min ago; BingX: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow5.299.8 bp−$1033.9 bp−$339doesn’t fitdoesn’t fit
SELL · SHORTBingX2.6414.2 bp−$1435.6 bp−$356205.0 bp−$20.5K393.4 bp−$196.7K
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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