Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1004 | +0.0090 | pay 0.0045% / 4h | 13m 17s | $912K | $391K | 20x | Long Bitget | |
| SHORT | 0.1002 | −0.0506 | pay 0.0063% / 1h | 13m 17s | $64K | $109K | 20x | Short TxFlow5% off |
Price gap−0.199%
Funding gap−0.0596% /8h
Funding costs $18 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$85−0.0596% /8h now · paid −0.852% over the last 7D
Price$0spread −0.199% now, avg −0.202% → +0.003% if it goes back
Costs−$750.745% of $10k · taker + slippage, in and out
Result−$159−1.59%+ 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−0.199%
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
/8hCC on 19 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size22.2 / 13.7 bpAt $10k entering Bitget costs 22.2 bp, fee and slippage, 1.6× TxFlow’s.
- Note: Margin at max leverage$500 + $500Bitget 20x, TxFlow 20x. 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: −$17.89Long Bitget: 6 payments, −$2.70; short TxFlow: 24 payments, −$15.19.
- Note: Gap at its usual level−0.199% vs −0.202%The price leg adds little either way.
- Watch: Short leg is thinner$64K vs $912K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · TxFlow NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0406%/8h × 21 periods−$85.18
Price spread−0.199% → −0.202% (7d avg)+$0.28
Slippage, 4 orderslive order books−$53.54
Fee Bitget bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$159.45
Costs to cover0.745%Break-evennever at this rate
Slippage: Bitget: live order book, 4 min ago; TxFlow: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget2.5022.2 bp−$2254.2 bp−$542doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.0013.7 bp−$1467.3 bp−$673doesn’t fitdoesn’t fit
Closing costs about the same again.