Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.640 | +0.0100 | pay 0.0013% / 1h | 15m 49s | $11K | $119K | 50x | Long TxFlow5% off | |
| SHORT | 53.700 | +0.0045 | get 0.0045% / 8h | 3h 15m | $4.8M | $2.4M | 30x | Short KuCoin |
Price gap+0.112%48s
Funding gap−0.0055% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.053% 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+$9−0.0055% /8h now · paid +0.085% over the last 7D
Price—spread +0.112%48s now · prices read too far apart to compare
Costs−$630.631% of $10k · taker + slippage, in and out
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+0.112%
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: Thin at this size7.7 / 23.2 bpAt $10k entering KuCoin costs 23.2 bp, fee and slippage, 3.0× TxFlow’s.
- Note: Margin at max leverage$200 + $333TxFlow 50x, KuCoin 30x. 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: −$1.65Long TxFlow: 24 payments, −$3.00; short KuCoin: 3 payments, +$1.35.
- Watch: Prices read 48 s apart+0.112% vs +0.165%Part of this gap may be the market moving.
- Watch: Long leg is thinner$11K vs $4.8M 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+0.0041%/8h × 21 periods+$8.52
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$42.11
Fee TxFlow bp × 2 orders−$9.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$54.59
price spread not counted: prices read too far apartCosts to cover0.631%Break-even51.9 days
Slippage: TxFlow: live order book, 18 min ago; KuCoin: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.937.7 bp−$817.4 bp−$174279.4 bp−$27.9Kdoesn’t fit
SELL · SHORTKuCoin4.6623.2 bp−$2340.7 bp−$407doesn’t fitdoesn’t fit
Closing costs about the same again.
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