Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.008573 | −1.5694 | get 1.5694% / 8h | 2h 27m | $3.6M | $13.4M | 25x | Long Bybit | |
| SHORT | 0.008550 | −1.0888 | pay 0.1361% / 1h | 27m 16s | $72K | $392K | 20x | Short TxFlow5% off |
Price gap−0.268%
Funding gap+0.4806% /8h
Funding trade: +$144 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−$175+0.4806% /8h now · paid −1.747% over the last 7D
Price+$1spread −0.268% now, avg −0.274% → +0.006% if it goes back
Costs−$1181.175% of $10k · taker + slippage, in and out
Result−$292−2.92%+ 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 −1.747% in total, about −0.0832%/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−0.268%
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
1 ok · 4 to watch- Watch: Thin at this size43.4 / 10.3 bpAt $10k entering Bybit costs 43.4 bp, fee and slippage, 4.2× TxFlow’s.
- Note: Margin at max leverage$400 + $500Bybit 25x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$144.19Long Bybit: 3 payments, +$470.83; short TxFlow: 24 payments, −$326.64.
- Note: Gap at its usual level−0.268% vs −0.274%The price leg adds little either way.
- Watch: Short leg is thinner$72K vs $3.6M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · TxFlow NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0832%/8h × 21 periods−$174.74
Price spread−0.268% → −0.274% (7d avg)+$0.57
Slippage, 4 orderslive order books−$97.52
Fee Bybit bp × 2 orders−$11.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$291.70
Costs to cover1.175%Break-evennever at this rate
Slippage: Bybit: live order book, 5 min ago; TxFlow: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit0.5843.4 bp−$43152.2 bp−$1,522doesn’t fitdoesn’t fit
SELL · SHORTTxFlow5.8210.3 bp−$1055.0 bp−$550doesn’t fitdoesn’t fit
Closing costs about the same again.