Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1498 | +0.0100 | pay 0.0100% / 8h | 4h 58m | $2.9M | $1.3M | 25x | Long Bybit | |
| SHORT | 0.1491 | −0.0001 | 0.0000% / 1h | 58m 37s | $5K | $154K | 20x | Short TxFlow5% off |
Price gap−0.461%
Funding gap−0.0101% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.215% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8−0.0101% /8h now · paid +0.082% over the last 7D
Price−$22spread −0.461% now, avg −0.246% → −0.215% if it goes back
Costs−$1251.254% of $10k · taker + slippage, in and out
Result−$139−1.39%+ 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−0.461%
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
/8hBAT on 14 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size34.9 / 14.5 bpAt $10k entering Bybit costs 34.9 bp, fee and slippage, 2.4× TxFlow’s.
- Note: Margin at max leverage$400 + $500Bybit 25x, 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: −$3.02Long Bybit: 3 payments, −$3.00; short TxFlow: 24 payments, −$0.02.
- Watch: Gap narrower than usual−0.461% vs −0.246%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$5K vs $2.9M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · TxFlow NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0039%/8h × 21 periods+$8.24
Price spread−0.461% → −0.246% (7d avg)−$21.50
Slippage, 4 orderslive order books−$105.40
Fee Bybit bp × 2 orders−$11.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$138.67
Costs to cover1.254%Break-even124.8 days
Slippage: Bybit: live order book, 3 min ago; TxFlow: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.6734.9 bp−$35235.2 bp−$2,352doesn’t fitdoesn’t fit
SELL · SHORTTxFlow6.7114.5 bp−$15250.6 bp−$2,506doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-13 17:13 | Aftermath Perps | Listing | new market BATUSD ($BAT) seen by our collector |
| 10-11 15:51 | Aster | Listing | New perp listing: $BAT with up to 10x leverage. @Aster_DEX on X ↗ |
| 10-11 09:08 | Aster | Listing | new market BATUSDT ($BAT) seen by our collector |
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