Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01276 | +0.0100 | pay 0.0100% / 8h | 4h 56m | $675K | $46K | 50x | Long KuCoin | |
| SHORT | 0.01274 | −0.0190 | pay 0.0024% / 1h | 56m 20s | $149K | $18K | 20x | Short TxFlow5% off |
Price gap−0.157%
Funding gap−0.0290% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 22 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$72−0.0290% /8h now · paid −0.716% over the last 7D
Price+$8spread −0.157% now, avg −0.236% → +0.079% if it goes back
Costs−$1381.382% of $10k · taker + slippage, in and out
Result−$202−2.02%+ 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−0.157%
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 20 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size60.6 / 8.5 bpAt $10k entering KuCoin costs 60.6 bp, fee and slippage, 7.2× TxFlow’s.
- Note: Margin at max leverage$200 + $500KuCoin 50x, 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: −$8.69Long KuCoin: 3 payments, −$3.00; short TxFlow: 24 payments, −$5.69.
- OK: Entry gap works for you−0.157% vs −0.236%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$149K vs $675K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · TxFlow NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0341%/8h × 21 periods−$71.60
Price spread−0.157% → −0.236% (7d avg)+$7.90
Slippage, 4 orderslive order books−$117.25
Fee KuCoin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$201.96
Costs to cover1.382%Break-evennever at this rate
Slippage: KuCoin: live order book, 62 min ago; TxFlow: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin7.8760.6 bp−$611032.8 bp−$10.3Kdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.958.5 bp−$815.9 bp−$159doesn’t fitdoesn’t fit
Closing costs about the same again.