Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1489 | −0.0525 | get 0.0066% / 1h | 51m 50s | $111K | $77K | 50x | Long TxFlow5% off | |
| SHORT | 0.1492 | +0.0100 | get 0.0050% / 4h | 2h 51m | $338K | $255K | 50x | Short KuCoin |
Price gap+0.201%
Funding gap+0.0625% /8h
Funding trade: +$19 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
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% → −0.002% if it goes back
Costs−$1121.117% of $10k · taker + slippage, in and out
Result−$146−1.46%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above 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 size15.9 / 40.0 bpAt $10k entering KuCoin costs 40.0 bp, fee and slippage, 2.5× TxFlow’s.
- Note: Margin at max leverage$200 + $200TxFlow 50x, KuCoin 50x. 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: +$18.74Long TxFlow: 24 payments, +$15.74; short KuCoin: 6 payments, +$3.00.
- Note: Gap at its usual level+0.201% vs +0.204%The price leg adds little either way.
- Watch: Long leg is thinner$111K vs $338K 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 · KuCoin YesStandard 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)−$0.24
Slippage, 4 orderslive order books−$90.71
Fee TxFlow bp × 2 orders−$9.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$145.68
Costs to cover1.117%Break-evennever at this rate
Slippage: TxFlow: live order book, 55 min ago; KuCoin: live order book, 48 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow3.3615.9 bp−$1651.6 bp−$516doesn’t fitdoesn’t fit
SELL · SHORTKuCoin6.6740.0 bp−$40133.2 bp−$1,332doesn’t fitdoesn’t fit
Closing costs about the same again.