Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1492 | +0.0100 | pay 0.0050% / 4h | 1h 54m | $337K | $248K | 50x | Long KuCoin | |
| SHORT | 0.1489 | −0.0525 | pay 0.0066% / 1h | 54m 25s | $111K | $79K | 50x | Short TxFlow5% off |
Price gap−0.201%
Funding gap−0.0625% /8h
Funding costs $19 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$34−0.0625% /8h now · paid +0.337% over the last 7D
Price$0spread −0.201% now, avg −0.204% → +0.003% if it goes back
Costs−$1541.545% of $10k · taker + slippage, in and out
Result−$120−1.20%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.337% in total, about +0.0161%/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−0.201%
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 · 4 to watch- Watch: Thin at this size83.1 / 16.4 bpAt $10k entering KuCoin costs 83.1 bp, fee and slippage, 5.1× TxFlow’s.
- Note: Margin at max leverage$200 + $200KuCoin 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: −$18.74Long KuCoin: 6 payments, −$3.00; short TxFlow: 24 payments, −$15.74.
- Note: Gap at its usual level−0.201% vs −0.204%The price leg adds little either way.
- Watch: Short leg is thinner$111K vs $337K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · TxFlow NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0161%/8h × 21 periods+$33.72
Price spread−0.201% → −0.204% (7d avg)+$0.32
Slippage, 4 orderslive order books−$133.47
Fee KuCoin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$120.42
Costs to cover1.545%Break-even32.0 days
Slippage: KuCoin: live order book, 31 min ago; TxFlow: live order book, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin10.0383.1 bp−$83182.6 bp−$1,826doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.3616.4 bp−$1647.0 bp−$470doesn’t fitdoesn’t fit
Closing costs about the same again.