Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01285 | −0.0053 | get 0.0053% / 8h | 5h 34m | $4.7M | $3.5M | 75x | Long Binance | |
| SHORT | 0.01282 | −0.0412 | pay 0.0052% / 1h | 34m 31s | $150K | $23K | 20x | Short TxFlow5% off |
Price gap−0.204%
Funding gap−0.0359% /8h
Funding costs $11 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−$62−0.0359% /8h now · paid −0.623% over the last 7D
Price−$1spread −0.204% now, avg −0.196% → −0.008% if it goes back
Costs−$520.525% of $10k · taker + slippage, in and out
Result−$116−1.16%+ 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−0.204%
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
/8hCHZ on 19 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books13.2 / 8.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $500Binance 75x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$10.77Long Binance: 3 payments, +$1.59; short TxFlow: 24 payments, −$12.36.
- Note: Gap at its usual level−0.204% vs −0.196%The price leg adds little either way.
- Watch: Short leg is thinner$150K vs $4.7M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · TxFlow NoVerified 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−0.0297%/8h × 21 periods−$62.28
Price spread−0.204% → −0.196% (7d avg)−$0.76
Slippage, 4 orderslive order books−$33.49
Fee Binance bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$115.53
Costs to cover0.525%Break-evennever at this rate
Slippage: Binance: live order book, 13 min ago; TxFlow: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance3.9113.2 bp−$1328.8 bp−$288doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.928.4 bp−$819.0 bp−$190doesn’t fitdoesn’t fit
Closing costs about the same again.