Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.008100 | −0.2814 | get 0.1407% / 4h | 2h 52m | $2.8M | $2.6M | 30x | Long KuCoin | |
| SHORT | 0.008090 | −0.3854 | pay 0.0482% / 1h | 52m 31s | $32K | $315K | 20x | Short TxFlow5% off |
Price gap−0.123%
Funding gap−0.1040% /8h
The gap pays +$22 on $10k if it goes back to its 7d average, but funding costs $31 a day and eats that in about 17 hours. At the last 7 days' pace that is about 3.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$50−0.1040% /8h now · paid −0.498% over the last 7D
Price+$22spread −0.123% now, avg −0.341% → +0.218% if it goes back
Costs−$2092.092% of $10k · taker + slippage, in and out
Result−$237−2.37%+ 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 −0.498% in total, about −0.0237%/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−0.123%
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: Thin at this size36.3 / 10.7 bpAt $10k entering KuCoin costs 36.3 bp, fee and slippage, 3.4× TxFlow’s.
- Note: Margin at max leverage$333 + $500KuCoin 30x, 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: −$31.21Long KuCoin: 6 payments, +$84.42; short TxFlow: 24 payments, −$115.63.
- OK: Entry gap works for you−0.123% vs −0.341%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$32K vs $2.8M 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−0.0237%/8h × 21 periods−$49.77
Price spread−0.123% → −0.341% (7d avg)+$21.78
Slippage, 4 orderslive order books−$188.18
Fee KuCoin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$237.17
Costs to cover2.092%Break-evennever at this rate
Slippage: KuCoin: live order book, 3 min ago; TxFlow: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin12.3536.3 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow6.1810.7 bp−$1185.0 bp−$850doesn’t fitdoesn’t fit
Closing costs about the same again.