Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000002784 | −0.0395 | get 0.0049% / 1h | 52m 58s | $18K | $167K | 50x | Long TxFlow5% off | |
| SHORT | 0.000002790 | −0.0250 | pay 0.0125% / 4h | 3h 52m | $210K | $4.0M | 10x | Short GRVT |
Price gap+0.215%
Funding gap+0.0145% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.071% above its 7d average: +$7 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$31+0.0145% /8h now · paid +0.309% over the last 7D
Price+$7spread +0.215% now, avg +0.145% → +0.071% if it goes back
Costs−$500.499% of $10k · taker + slippage, in and out
Result−$12−0.12%+ Points / potential airdropTxFlow: points · GRVT: 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+0.215%
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 size13.7 / 18.1 bpAt $10k entering GRVT costs 18.1 bp, fee and slippage, 1.3× TxFlow’s.
- Note: Margin at max leverage$200 + $1,000TxFlow 50x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$4.36Long TxFlow: 24 payments, +$11.86; short GRVT: 6 payments, −$7.50.
- OK: Entry gap works for you+0.215% vs +0.145%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$18K vs $210K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · GRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · GRVT 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+0.215% → +0.145% (7d avg)+$7.06
Slippage, 4 orderslive order books−$31.90
Fee TxFlow bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$11.96
Costs to cover0.499%Break-even9.7 days
Slippage: TxFlow: live order book, 24 min ago; GRVT: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.7813.7 bp−$1431.8 bp−$318doesn’t fitdoesn’t fit
SELL · SHORTGRVT3.5818.1 bp−$1843.6 bp−$436doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-29 01:05 | MEXC | Listing | 1000BONK_USDC no longer reported ($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 ↗ |

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