Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.008546 | −1.4856 | get 0.7428% / 4h | 2h 27m | $5.2M | $42.1M | 20x | Long Binance | |
| SHORT | 0.008550 | −1.0888 | pay 0.1361% / 1h | 27m 19s | $72K | $392K | 20x | Short TxFlow5% off |
Price gap+0.044%
Funding gap+0.3968% /8h
Both sides work: funding pays +$119 a day on $10k, and the gap is 0.280% above its 7d average: +$28 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$23+0.3968% /8h now · paid −0.229% over the last 7D
Price+$28spread +0.044% now, avg −0.237% → +0.280% if it goes back
Costs−$660.656% of $10k · taker + slippage, in and out
Result−$61−0.61%+ 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 −0.229% in total, about −0.0109%/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+0.044%
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
/8hBLUR on 15 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size17.3 / 10.3 bpAt $10k entering Binance costs 17.3 bp, fee and slippage, 1.7× TxFlow’s.
- Note: Margin at max leverage$500 + $500Binance 20x, TxFlow 20x. 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: +$119.03Long Binance: 6 payments, +$445.67; short TxFlow: 24 payments, −$326.64.
- OK: Entry gap works for you+0.044% vs −0.237%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$72K vs $5.2M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · TxFlow NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0109%/8h × 21 periods−$22.95
Price spread+0.044% → −0.237% (7d avg)+$28.01
Slippage, 4 orderslive order books−$46.62
Fee Binance bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$60.56
Costs to cover0.656%Break-evennever at this rate
Slippage: Binance: live order book, 9 min ago; TxFlow: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance2.3317.3 bp−$1770.6 bp−$706doesn’t fitdoesn’t fit
SELL · SHORTTxFlow5.8210.3 bp−$1055.0 bp−$550doesn’t fitdoesn’t fit
Closing costs about the same again.