Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000002742 | −0.0352 | get 0.0176% / 4h | 2h 59m | $206K | $4.1M | 10x | Long GRVT | |
| SHORT | 0.000002745 | −0.0636 | pay 0.0080% / 1h | 59m 13s | $18K | $169K | 50x | Short TxFlow5% off |
Price gap+0.126%
Funding gap−0.0284% /8h
The gap pays +$27 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 3.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$31−0.0284% /8h now · paid −0.309% over the last 7D
Price+$27spread +0.126% now, avg −0.148% → +0.273% if it goes back
Costs−$540.540% of $10k · taker + slippage, in and out
Result−$58−0.58%+ Points / potential airdropGRVT: points · TxFlow: 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+0.126%
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
3 ok · 3 to watch- Watch: Thin at this size19.2 / 10.7 bpAt $10k entering GRVT costs 19.2 bp, fee and slippage, 1.8× TxFlow’s.
- Note: Margin at max leverage$1,000 + $200GRVT 10x, 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: −$8.52Long GRVT: 6 payments, +$10.56; short TxFlow: 24 payments, −$19.08.
- OK: Entry gap works for you+0.126% vs −0.148%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$18K vs $206K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legGRVT No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0147%/8h × 21 periods−$30.88
Price spread+0.126% → −0.148% (7d avg)+$27.33
Slippage, 4 orderslive order books−$35.98
Fee GRVT bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$57.52
Costs to cover0.540%Break-evennever at this rate
Slippage: GRVT: live order book, 4 min ago; TxFlow: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT5.4719.2 bp−$1950.5 bp−$505doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.8410.7 bp−$1136.6 bp−$366doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-29 01:05 | MEXC | Listing | 1000BONK_USDC no longer reported ($BONK) seen by our collector |
| 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 ↗ |

MEXC
Phoenix
ApeX Omni