Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01284 | +0.0100 | pay 0.0100% / 8h | 5h 34m | $2.8M | $313K | 75x | Long Bitget | |
| SHORT | 0.01282 | −0.0412 | pay 0.0052% / 1h | 34m 31s | $150K | $23K | 20x | Short TxFlow5% off |
Price gap−0.156%
Funding gap−0.0512% /8h
Funding costs $15 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−$78−0.0512% /8h now · paid −0.784% over the last 7D
Price+$2spread −0.156% now, avg −0.172% → +0.016% if it goes back
Costs−$690.691% of $10k · taker + slippage, in and out
Result−$146−1.46%+ 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−0.156%
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
1 ok · 4 to watch- Watch: Thin at this size22.0 / 8.4 bpAt $10k entering Bitget costs 22.0 bp, fee and slippage, 2.6× TxFlow’s.
- Note: Margin at max leverage$133 + $500Bitget 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: −$15.36Long Bitget: 3 payments, −$3.00; short TxFlow: 24 payments, −$12.36.
- Note: Gap at its usual level−0.156% vs −0.172%The price leg adds little either way.
- Watch: Short leg is thinner$150K vs $2.8M 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−0.0373%/8h × 21 periods−$78.39
Price spread−0.156% → −0.172% (7d avg)+$1.58
Slippage, 4 orderslive order books−$48.11
Fee Bitget bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$145.92
Costs to cover0.691%Break-evennever at this rate
Slippage: Bitget: live order book, 7 min ago; TxFlow: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget7.7822.0 bp−$2247.6 bp−$476doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.928.4 bp−$819.0 bp−$190doesn’t fitdoesn’t fit
Closing costs about the same again.
