Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.008847 | −0.3078 | get 0.1539% / 4h | 3h 07m | $1.2M | $11.6M | — | Long BingX | |
| SHORT | 0.008840 | −0.6970 | pay 0.0871% / 1h | 7m 06s | $34K | $317K | 20x | Short TxFlow5% off |
Price gap−0.079%
Funding gap−0.3892% /8h
The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $117 a day and eats that in about 3 hours. At the last 7 days' pace that is about 37 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$60−0.3892% /8h now · paid −0.604% over the last 7D
Price+$13spread −0.079% now, avg −0.212% → +0.133% if it goes back
Costs−$470.472% of $10k · taker + slippage, in and out
Result−$94−0.94%+ 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 −0.604% in total, about −0.0288%/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−0.079%
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 14 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest13.3 / 14.3 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage— + $500BingX —, 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: −$116.77Long BingX: 6 payments, +$92.34; short TxFlow: 24 payments, −$209.11.
- OK: Entry gap works for you−0.079% vs −0.212%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$34K vs $1.2M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · TxFlow NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0288%/8h × 21 periods−$60.42
Price spread−0.079% → −0.212% (7d avg)+$13.26
Slippage, 4 orderslive order books−$28.20
Fee BingX bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$94.37
Costs to cover0.472%Break-evennever at this rate
Slippage: BingX: live order book, 10 min ago; TxFlow: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.5613.3 bp−$1335.5 bp−$355379.8 bp−$38.0K718.3 bp−$359.2K
SELL · SHORTTxFlow5.7214.3 bp−$1486.3 bp−$863doesn’t fitdoesn’t fit
Closing costs about the same again.
