Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000003167 | −0.0130 | get 0.0065% / 4h | 2h 27m | $620K | $451K | 50x | Long Gate | |
| SHORT | 0.000003162 | +0.0020 | get 0.0003% / 1h | 27m 20s | $17K | $262K | 50x | Short TxFlow5% off |
Price gap−0.158%
Funding gap+0.0150% /8h
Funding trade: +$5 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$32+0.0150% /8h now · paid −0.319% over the last 7D
Price−$1spread −0.158% now, avg −0.149% → −0.009% if it goes back
Costs−$660.665% of $10k · taker + slippage, in and out
Result−$99−0.99%+ 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−0.158%
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 32 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size23.3 / 7.6 bpAt $10k entering Gate costs 23.3 bp, fee and slippage, 3.1× TxFlow’s.
- Note: Margin at max leverage$200 + $200Gate 50x, 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: +$4.51Long Gate: 6 payments, +$3.90; short TxFlow: 24 payments, +$0.61.
- Note: Gap at its usual level−0.158% vs −0.149%The price leg adds little either way.
- Watch: Short leg is thinner$17K vs $620K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCGate Yes · TxFlow NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0152%/8h × 21 periods−$31.90
Price spread−0.158% → −0.149% (7d avg)−$0.90
Slippage, 4 orderslive order books−$42.46
Fee Gate bp × 2 orders−$15.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$99.26
Costs to cover0.665%Break-evennever at this rate
Slippage: Gate: live order book, 3 min ago; TxFlow: live order book, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate4.7323.3 bp−$23175.0 bp−$1,750doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.577.6 bp−$828.6 bp−$286doesn’t fitdoesn’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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