Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01273 | −0.0380 | get 0.0048% / 1h | 51m 41s | $149K | $18K | 20x | Long TxFlow5% off | |
| SHORT | 0.01275 | +0.0100 | get 0.0100% / 8h | 5h 51m | $672K | $46K | 50x | Short KuCoin |
Price gap+0.157%
Funding gap+0.0480% /8h
Funding pays +$14 a day on $10k, but the gap is 0.078% under its 7d average: −$8 if it goes back, about 13 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$72+0.0480% /8h now · paid +0.716% over the last 7D
Price−$8spread +0.157% now, avg +0.235% → −0.078% if it goes back
Costs−$1301.297% of $10k · taker + slippage, in and out
Result−$66−0.66%+ 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
1 ok · 5 to watch- Watch: Thin at this size15.4 / 45.3 bpAt $10k entering KuCoin costs 45.3 bp, fee and slippage, 2.9× TxFlow’s.
- Note: Margin at max leverage$500 + $200TxFlow 20x, KuCoin 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$14.41Long TxFlow: 24 payments, +$11.41; short KuCoin: 3 payments, +$3.00.
- Watch: Gap narrower than usual+0.157% vs +0.235%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$149K vs $672K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · KuCoin YesStandard 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% → +0.235% (7d avg)−$7.81
Slippage, 4 orderslive order books−$108.66
Fee TxFlow bp × 2 orders−$9.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$65.87
Costs to cover1.297%Break-even13.4 days
Slippage: TxFlow: live order book, 23 min ago; KuCoin: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow3.9615.4 bp−$1534.7 bp−$347doesn’t fitdoesn’t fit
SELL · SHORTKuCoin7.8745.3 bp−$45576.7 bp−$5,767doesn’t fitdoesn’t fit
Closing costs about the same again.
