Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.008760 | −1.8792 | get 0.2349% / 1h | 15m 03s | $74K | $390K | 20x | Long TxFlow5% off | |
| SHORT | 0.008741 | −1.8143 | pay 0.9071% / 4h | 3h 15m | $2.1M | $32.5M | 20x | Short OKX |
Price gap−0.217%
Funding gap+0.0650% /8h
Funding pays +$19 a day on $10k, but the gap is 0.395% under its 7d average: −$39 if it goes back, about 2.0 days of funding. At the last 7 days' pace that is about 49 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0650% /8h now · paid +0.057% over the last 7D
Price−$39spread −0.217% now, avg +0.178% → −0.395% if it goes back
Costs−$880.875% of $10k · taker + slippage, in and out
Result−$121−1.21%+ 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 +0.057% in total, about +0.0027%/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−0.217%
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 · 5 to watch- Watch: Thin at this size42.5 / 20.1 bpAt $10k entering TxFlow costs 42.5 bp, fee and slippage, 2.1× OKX’s.
- Note: Margin at max leverage$500 + $500TxFlow 20x, OKX 20x. 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: +$19.49Long TxFlow: 24 payments, +$563.77; short OKX: 6 payments, −$544.28.
- Watch: Gap narrower than usual−0.217% vs +0.178%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$74K vs $2.1M 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 · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0027%/8h × 21 periods+$5.68
Price spread−0.217% → +0.178% (7d avg)−$39.49
Slippage, 4 orderslive order books−$68.51
Fee TxFlow bp × 2 orders−$9.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$121.32
Costs to cover0.875%Break-even156.5 days
Slippage: TxFlow: live order book, 47 min ago; OKX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow5.8442.5 bp−$43208.4 bp−$2,084doesn’t fitdoesn’t fit
SELL · SHORTOKX2.8420.1 bp−$20143.8 bp−$1,438doesn’t fitdoesn’t fit
Closing costs about the same again.
