Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1388 | +0.0027 | pay 0.0003% / 1h | 0m 45s | $953K | $126K | 5x | Long Hyperliquid4% off | |
| SHORT | 0.1385 | −0.0157 | pay 0.0020% / 1h | 0m 45s | $12K | $50K | 50x | Short TxFlow5% off |
Price gap−0.209%
Funding gap−0.0185% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.209% 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+$17−0.0185% /8h now · paid +0.169% over the last 7D
Price—spread −0.209% now · no price history on both exchanges yet
Costsno datano order book for TxFlow
Result, before costs—+ Points / potential airdropHyperliquid: Season 2 · TxFlow: points · farm boardneeds both price histories
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−0.209%
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
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for TxFlow: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $200Hyperliquid 5x, TxFlow 50x. 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: −$5.55Long Hyperliquid: 24 payments, −$0.82; short TxFlow: 24 payments, −$4.72.
- Note: No 7-day spread history−0.209%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$12K vs $953K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2 · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0080%/8h × 21 periods+$16.85
Price spread−0.209% → 0−$20.89
Slippage, 4 ordersno data for TxFlow—
Fee Hyperliquid bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$22.04
Costs to cover0.180%Break-even16.2 days
Slippage: Hyperliquid: live order book, 48 min ago; TxFlow: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid4.6920.4 bp−$20387.8 bp−$3,878doesn’t fitdoesn’t fit
SELL · SHORTTxFlow—————
Closing costs about the same again.
TxFlow: no data.
