BTC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BluefinBTC-PERP	80,860.7	+0.0100	pay 0.0013% / 1h	47m 31s	$51K	$109K	40x	Long Bluefin
SHORT	TxFlowBTC-USDC	80,834.4	+0.0052	get 0.0006% / 1h	47m 31s	$23.7M	$52.2M	75x	Short TxFlow5% off

Price gap−0.033%

Funding gap−0.0048% /8h

The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 47 hours. At the last 7 days' pace that is about 5 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$97−0.0048% /8h now · paid −0.966% over the last 7D

Price+$3spread −0.033% now, avg −0.061% → +0.028% if it goes back

Costs−$210.208% of $10k · taker + slippage, in and out

Result−$115−1.15%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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−0.033%

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

/8h

BTC on 56 exchanges

lowest funding first

Before you open

4 ok · 2 to watch

Watch: Large against open interest5.8 / 4.5 bp
$10k is over 10% of Bluefin’s open interest.
Note: Margin at max leverage$250 + $133
Bluefin 40x, TxFlow 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$1.44Long Bluefin: 24 payments, −$3.00; short TxFlow: 24 payments, +$1.56.
OK: Entry gap works for you−0.033% vs −0.061%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$51K vs $23.7M OI
Bluefin sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
OK: No KYC on either legBluefin No · TxFlow No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0460%/8h × 21 periods−$96.62

Price spread−0.033% → −0.061% (7d avg)+$2.81

Slippage, 4 orderslive order books−$4.81

Fee Bluefin bp × 2 orders−$7.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k−$114.63

Costs to cover0.208%Break-evennever at this rate

Slippage: Bluefin: live order book, 12 min ago; TxFlow: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBluefin0.835.8 bp−$610.6 bp−$106doesn’t fitdoesn’t fit

SELL · SHORTTxFlow0.014.5 bp−$54.5 bp−$454.6 bp−$4565.1 bp−$2,551

Closing costs about the same again.

BTC news

posts that mention BTC, from every exchangeSearch all news →

10-24 00:20	BingX	Other	what’s your ultimate exit price for $btc? 🟠 @BingXOfficial on X ↗
10-23 16:00	Aster	Listing	BTCUSDC, ETHUSDC, and SOLUSDC perpetuals are now live on Aster. Another step forward with @arc and @circle in expanding @USDC's role in onchain trading. @Aster_DEX on X ↗
10-23 12:50	Aster	Listing	new market BTCUSDC ($BTC) seen by our collector
10-23 10:15	Phemex	Other	$BTC ran to ~$85K this week, then snapped back to $81K. A classic grid would've watched from the sidelines once price left the range. When price breaks the top, it drops the lowest buy and places a new sell above. Range-bound or breaking out, which one are you trading this week? 👇 @Phemex_official on X ↗
10-23 01:12	Gate	Other	What if your everyday spending could give you more back? With Gate Card, spend $BTC, $ETH, $USDT, and $GT on everything from shopping and dining to travel and subscriptions, and earn up to 8% cashback on eligible purchases. Apple Pay, Google Wallet, WeChat Pay, and Alipay supported. Crypto for everyday life, made simple. Get your Gate Card: @Gate on X ↗
10-22 19:25	Extended	Other	Extended now settles on @arc. The migration of $120 million in TVL is complete, with open positions and orders carried across. Trading continued throughout the process. What this means for our users: • Faster deposits and withdrawals, leveraging Arc’s sub-second finality. • Native USDC transfers through Circle’s CCTP. • cirBTC is now the BTC collateral asset. Deposits and withdrawals are open again. @extendedapp on X ↗

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