Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.008690 | −1.7189 | get 0.2149% / 1h | 7m 09s | $74K | $379K | 20x | Long TxFlow5% off | |
| SHORT | 0.008700 | −1.6454 | pay 1.6454% / 8h | 4h 07m | $230K | $130K | 50x | Short Variational Omni+15% pts |
Price gap+0.118%
Funding gap+0.0735% /8h
Funding pays +$22 a day on $10k, but the gap is 0.025% under its 7d average: −$3 if it goes back, about 3 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$254+0.0735% /8h now · paid +2.539% over the last 7D
Price−$3spread +0.118% now, avg +0.143% → −0.025% if it goes back
Costs−$1991.994% of $10k · taker + slippage, in and out
Result+$52+0.52%+ Points / potential airdropTxFlow: points · Variational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.118%
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 size30.3 / 89.0 bpAt $10k entering Variational Omni costs 89.0 bp, fee and slippage, 2.9× TxFlow’s.
- Note: Margin at max leverage$500 + $200TxFlow 20x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$22.06Long TxFlow: 24 payments, +$515.67; short Variational Omni: 3 payments, −$493.61.
- Watch: Gap narrower than usual+0.118% vs +0.143%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 $230K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.1209%/8h × 21 periods+$253.90
Price spread+0.118% → +0.143% (7d avg)−$2.52
Slippage, 4 orderslive order books−$190.40
Fee TxFlow bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k+$51.98
Costs to cover1.994%Break-even5.6 days
Slippage: TxFlow: live order book, 60 min ago; Variational Omni: RFQ quote, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow5.9330.3 bp−$3083.6 bp−$836doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni5.2789.0 bp−$89161.0 bp−$1,610doesn’t fitdoesn’t fit
Closing costs about the same again.
