Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 85,834.4 | −0.0023 | get 0.0003% / 1h | 17m 38s | $10.7M | $43.0M | 75x | Long TxFlow5% off | |
| SHORT | 85,818.3 | +0.0100 | get 0.0050% / 4h | 3h 17m | $237.3M | $243.3M | 100x | Short edgeX |
Price gap−0.019%
Funding gap+0.0123% /8h
Funding trade: +$4 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$0+0.0123% /8h now · paid +0.005% over the last 4 hours (all we have)
Price$0spread −0.019% now, avg −0.020% → +0.001% if it goes back
Costs−$180.181% of $10k · taker + slippage, in and out
Result−$18−0.18%+ Points / potential airdropTxFlow: points · edgeX: 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−0.019%
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
/8hBTC on 56 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books4.5 / 4.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $100TxFlow 75x, edgeX 100x. 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: +$3.70Long TxFlow: 24 payments, +$0.70; short edgeX: 6 payments, +$3.00.
- Note: Gap at its usual level−0.019% vs −0.020%The price leg adds little either way.
- Watch: Long leg is thinner$10.7M vs $237.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0102%/8h × 21 periods+$21.44
Price spread−0.019% → −0.020% (7d avg)+$0.08
Slippage, 4 orderslive order books−$0.06
Fee TxFlow bp × 2 orders−$9.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k+$3.46
Costs to cover0.181%Break-even5.9 days
Slippage: TxFlow: live order book, 2 min ago; edgeX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.014.5 bp−$54.5 bp−$454.6 bp−$4645.1 bp−$2,568
SELL · SHORTedgeX0.014.5 bp−$54.5 bp−$454.7 bp−$4736.0 bp−$2,999
Closing costs about the same again.
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