Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09930 | −0.0779 | get 0.0097% / 1h | 3m 50s | $63K | $109K | 20x | Long TxFlow5% off | |
| SHORT | 0.09947 | +0.0100 | get 0.0050% / 4h | 1h 03m | $75K | $407K | 10x | Short GRVT |
Price gap+0.176%60s
Funding gap+0.0879% /8h
Both sides work: funding pays +$26 a day on $10k, and the gap is 0.057% above its 7d average: +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$84+0.0879% /8h now · paid +0.843% over the last 7D
Price—spread +0.176%60s now · prices read too far apart to compare
Costs−$630.626% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropTxFlow: points · GRVT: points · farm boardneeds both prices read together
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+0.176%
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
2 ok · 4 to watch- Watch: Thin at this size15.7 / 20.9 bpAt $10k entering GRVT costs 20.9 bp, fee and slippage, 1.3× TxFlow’s.
- Note: Margin at max leverage$500 + $1,000TxFlow 20x, 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: +$26.37Long TxFlow: 24 payments, +$23.37; short GRVT: 6 payments, +$3.00.
- Watch: Prices read 60 s apart+0.176% vs +0.119%Part of this gap may be the market moving.
- Watch: Long leg is thinner$63K vs $75K 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+0.0402%/8h × 21 periods+$84.33
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$44.62
Fee TxFlow bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k+$21.71
price spread not counted: prices read too far apartCosts to cover0.626%Break-even5.2 days
Slippage: TxFlow: live order book, 14 min ago; GRVT: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.5115.7 bp−$1664.3 bp−$643doesn’t fitdoesn’t fit
SELL · SHORTGRVT2.5120.9 bp−$2153.8 bp−$538doesn’t fitdoesn’t fit
Closing costs about the same again.
