Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1495 | +0.0100 | pay 0.0050% / 4h | 3h 59m | $833K | $245K | 50x | Long Bitget | |
| SHORT | 0.1491 | −0.0048 | pay 0.0006% / 1h | 59m 16s | $112K | $77K | 50x | Short TxFlow5% off |
Price gap−0.268%
Funding gap−0.0148% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.128% 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+$16−0.0148% /8h now · paid +0.161% over the last 7D
Price−$13spread −0.268% now, avg −0.140% → −0.128% if it goes back
Costs−$660.657% of $10k · taker + slippage, in and out
Result−$62−0.62%+ 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−0.268%
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
/8hBERA on 24 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size15.7 / 11.8 bpAt $10k entering Bitget costs 15.7 bp, fee and slippage, 1.3× TxFlow’s.
- Note: Margin at max leverage$200 + $200Bitget 50x, TxFlow 50x. 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: −$4.45Long Bitget: 6 payments, −$3.00; short TxFlow: 24 payments, −$1.45.
- Watch: Gap narrower than usual−0.268% vs −0.140%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$112K vs $833K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · TxFlow NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0077%/8h × 21 periods+$16.11
Price spread−0.268% → −0.140% (7d avg)−$12.78
Slippage, 4 orderslive order books−$44.73
Fee Bitget bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$62.39
Costs to cover0.657%Break-even34.1 days
Slippage: Bitget: live order book, 53 min ago; TxFlow: live order book, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget6.7615.7 bp−$16143.9 bp−$1,439doesn’t fitdoesn’t fit
SELL · SHORTTxFlow6.7711.8 bp−$1249.8 bp−$498doesn’t fitdoesn’t fit
Closing costs about the same again.