Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000003017 | +0.0056 | pay 0.0028% / 4h | 3h 24m | $850K | $5.6M | 75x | Long BloFin | |
| SHORT | 0.000003017 | −0.0280 | pay 0.0035% / 1h | 24m 00s | $27K | $109K | 50x | Short TxFlow5% off |
Price gap0.000%58s
Funding gap−0.0335% /8h
The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $10 a day and eats that in about 32 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$50−0.0335% /8h now · paid −0.498% over the last 7D
Price—spread 0.000%58s now · prices read too far apart to compare
Costs−$410.410% of $10k · taker + slippage, in and out
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
Now0.000%
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 interest10.4 / 7.8 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$133 + $200BloFin 75x, 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: −$10.06Long BloFin: 6 payments, −$1.67; short TxFlow: 24 payments, −$8.39.
- Watch: Prices read 58 s apart0.000% vs −0.133%Part of this gap may be the market moving.
- Watch: Short leg is thinner$27K vs $850K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBloFin Limited · TxFlow NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0237%/8h × 21 periods−$49.82
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$20.01
Fee BloFin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$90.82
price spread not counted: prices read too far apartCosts to cover0.410%Break-evennever at this rate
Slippage: BloFin: live order book, 4 min ago; TxFlow: live order book, 34 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin1.6610.4 bp−$1024.3 bp−$243109.2 bp−$10.9Kdoesn’t fit
SELL · SHORTTxFlow3.317.8 bp−$815.9 bp−$159237.3 bp−$23.7Kdoesn’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 ↗ |

Phoenix
ApeX Omni