Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1005 | −0.0425 | get 0.0053% / 1h | 26m 26s | $71K | $112K | 20x | Long TxFlow5% off | |
| SHORT | 0.1006 | −0.0022 | pay 0.0011% / 4h | 2h 26m | $12.3M | $5.0M | 75x | Short Binance |
Price gap+0.115%
Funding gap+0.0403% /8h
Funding trade: +$12 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+$63+0.0403% /8h now · paid +0.635% over the last 7D
Price−$1spread +0.115% now, avg +0.125% → −0.010% if it goes back
Costs−$680.677% of $10k · taker + slippage, in and out
Result−$5−0.05%+ 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+0.115%
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 size12.9 / 18.5 bpAt $10k entering Binance costs 18.5 bp, fee and slippage, 1.4× TxFlow’s.
- Note: Margin at max leverage$500 + $133TxFlow 20x, Binance 75x. 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: +$12.10Long TxFlow: 24 payments, +$12.76; short Binance: 6 payments, −$0.66.
- Note: Gap at its usual level+0.115% vs +0.125%The price leg adds little either way.
- Watch: Long leg is thinner$71K vs $12.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0302%/8h × 21 periods+$63.48
Price spread+0.115% → +0.125% (7d avg)−$0.99
Slippage, 4 orderslive order books−$48.67
Fee TxFlow bp × 2 orders−$9.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$5.18
Costs to cover0.677%Break-even7.6 days
Slippage: TxFlow: live order book, 46 min ago; Binance: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.5012.9 bp−$1358.6 bp−$586doesn’t fitdoesn’t fit
SELL · SHORTBinance0.5018.5 bp−$1850.5 bp−$505435.0 bp−$43.5Kdoesn’t fit
Closing costs about the same again.
