Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05339 | +0.1026 | pay 0.0128% / 1h | 47m 21s | $4K | $142K | 5x | Long Aftermath Perps5% off | |
| SHORT | 0.05312 | +0.0100 | get 0.0013% / 1h | 47m 21s | $251K | $364K | 50x | Short TxFlow5% off |
Price gap−0.504%
Funding gap−0.0926% /8h
Both sides work against this direction now: funding costs $28 a day on $10k and the gap is 0.303% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$24−0.0926% /8h now · paid −0.235% over the last 1 day (all we have)
Price−$30spread −0.504% now, avg −0.201% → −0.303% if it goes back
Costs−$1171.172% of $10k · taker + slippage, in and out
Result−$171−1.71%+ 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−0.504%
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
/8hCHIP on 23 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size35.9 / 16.0 bpAt $10k entering Aftermath Perps costs 35.9 bp, fee and slippage, 2.3× TxFlow’s.
- Note: Margin at max leverage$2,000 + $200Aftermath Perps 5x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$27.79Long Aftermath Perps: 24 payments, −$30.79; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.504% vs −0.201%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$4K vs $251K OIAftermath Perps sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legAftermath Perps No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0584%/8h × 21 periods−$122.72
Price spread−0.504% → −0.201% (7d avg)−$30.28
Slippage, 4 orderslive order books−$99.22
Fee Aftermath Perps bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$270.22
Costs to cover1.172%Break-evennever at this rate
Slippage: Aftermath Perps: live order book, 55 min ago; TxFlow: live order book, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAftermath Perps14.8635.9 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow4.6516.0 bp−$1657.2 bp−$572doesn’t fitdoesn’t fit
Closing costs about the same again.