Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000003023 | −0.0058 | get 0.0029% / 4h | 2h 20m | $5.3M | $9.0M | — | Long BingX | |
| SHORT | 0.000003017 | −0.0353 | pay 0.0044% / 1h | 20m 22s | $28K | $105K | 50x | Short TxFlow5% off |
Price gap−0.198%
Funding gap−0.0295% /8h
Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.046% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$46−0.0295% /8h now · paid −0.460% over the last 7D
Price−$5spread −0.198% now, avg −0.153% → −0.046% if it goes back
Costs−$390.390% of $10k · taker + slippage, in and out
Result−$89−0.89%+ Points / potential airdropTxFlow: 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−0.198%
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
/8hBONK on 31 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Large against open interest8.3 / 12.1 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage— + $200BingX —, TxFlow 50x. 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: −$8.86Long BingX: 6 payments, +$1.74; short TxFlow: 24 payments, −$10.60.
- Watch: Gap narrower than usual−0.198% vs −0.153%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$28K vs $5.3M 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−0.0219%/8h × 21 periods−$45.96
Price spread−0.198% → −0.153% (7d avg)−$4.59
Slippage, 4 orderslive order books−$19.95
Fee BingX bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$89.50
Costs to cover0.390%Break-evennever at this rate
Slippage: BingX: live order book, 2 min ago; TxFlow: live order book, 32 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.658.3 bp−$822.4 bp−$224102.6 bp−$10.3K550.4 bp−$275.2K
SELL · SHORTTxFlow1.6512.1 bp−$1228.8 bp−$288254.1 bp−$25.4Kdoesn’t fit
Closing costs about the same again.
| 09-24 20:40 | Phoenix | Listing | Now live: $Bonk - 10x leverage. The coin that started it all is now available on Phoenix. @PhoenixTrade on X ↗ |
| 09-24 15:00 | Phoenix | Listing | new market kBONK ($BONK) seen by our collector |
| 09-22 07:03 | ApeX Omni | Other | 59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗ |

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