Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.710 | +0.0100 | pay 0.0100% / 8h | 2h 28m | $8.0M | $5.3M | 75x | Long Bybit | |
| SHORT | 53.600 | +0.0030 | get 0.0004% / 1h | 28m 48s | $10K | $120K | 50x | Short TxFlow5% off |
Price gap−0.205%
Funding gap−0.0070% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.067% 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−$17−0.0070% /8h now · paid −0.172% over the last 7D
Price−$7spread −0.205% now, avg −0.138% → −0.067% if it goes back
Costs−$440.445% of $10k · taker + slippage, in and out
Result−$68−0.68%+ 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−0.205%
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
/8hDASH on 23 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Large against open interest14.5 / 9.7 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$133 + $200Bybit 75x, TxFlow 50x. 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: −$2.09Long Bybit: 3 payments, −$3.00; short TxFlow: 24 payments, +$0.91.
- Watch: Gap narrower than usual−0.205% vs −0.138%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$10K vs $8.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · TxFlow NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0082%/8h × 21 periods−$17.17
Price spread−0.205% → −0.138% (7d avg)−$6.68
Slippage, 4 orderslive order books−$24.49
Fee Bybit bp × 2 orders−$11.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$68.34
Costs to cover0.445%Break-evennever at this rate
Slippage: Bybit: live order book, 3 min ago; TxFlow: live order book, 65 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.8614.5 bp−$1436.1 bp−$361doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.939.7 bp−$1024.3 bp−$243137.3 bp−$13.7Kdoesn’t fit
Closing costs about the same again.
| 10-17 08:23 | Orderly | Other | 2 more Perp Anything markets for you on this fine Saturday morning ethereum:0xda5e1988097297dcdc1f90d4dfe7909e847cbef6 - World Liberty Financial $DASH - Dash Long or short both across 500+ Orderly-powered DEXs 🟣 @OrderlyNetwork on X ↗ |
| 10-16 14:23 | Orderly | Listing | new market PERP_DASH_USDC_mythos ($DASH) seen by our collector |
| 09-28 16:43 | Avantis | Other | 2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗ |
| 09-23 02:03 | SoDEX | Listing | 📊 SoDEX 24h Movers · Sep 23 61 of 93 markets higher. Brent crude fell below $95 as US-Iran direct talks at the UN signaled easing tensions, weighing on oil-linked assets. Fed officials Barkin and Collins kept a hawkish tone, leaving the door open for further hikes. CME's upcoming BCH and UNI futures listing continued to drive major gains in those tokens. What moved them bitcoin-cash:native · CME Group announced it will list BCH futures on October 19, news continued to drive buying interest. UNI · CME listing UNI futures on Oct 19, plus Uniswap handles over 99% of Robinhood Chain stock token DeFi deposits. DASH · DoorDash agreed to a $131.5M settlement with NYC, resolving the courier minimum-wage investigation and removing regulatory overhang. ZHIPU · Anthropic accused Chinese AI firms of model distillation and CAC launched probes into DeepSeek and Moonshot, pressuring Chinese AI stocks. MINIMAX · Same Anthropic distillation accusations and CAC probes into Chinese AI companies weighed on the sector. 61 up · 31 down · 1 flat across 93 perp markets. 25 also trade spot. Amid Fed hawkishness and Brent's drop below $95, Layer 1 Season posted record Week-3 open interest of $155M, with 17 weeks remaining. SoDEX Layer 1 Season campaign is ongoing since September 1; Week 3 open interest hit an ATH of $155M, with 17 weeks remaining. Trade 👉 @sodex_official on X ↗ |
Orderly
Avantis
SoDEX