Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.0130 | +0.0100 | pay 0.0100% / 8h | 1h 56m | $766K | $200K | 50x | Long Aster≤10% back | |
| SHORT | 1.0100 | +0.0065 | get 0.0008% / 1h | 56m 24s | $11K | $150K | 50x | Short TxFlow5% off |
Price gap−0.296%
Funding gap−0.0035% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.127% 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−$37−0.0035% /8h now · paid −0.366% over the last 7D
Price−$13spread −0.296% now, avg −0.169% → −0.127% if it goes back
Costs−$580.576% of $10k · taker + slippage, in and out
Result−$107−1.07%+ Points / potential airdropAster: Stage 5 · TxFlow: 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−0.296%
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
/8hDOT on 29 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size20.6 / 9.4 bpAt $10k entering Aster costs 20.6 bp, fee and slippage, 2.2× TxFlow’s.
- Note: Margin at max leverage$200 + $200Aster 50x, 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: −$1.04Long Aster: 3 payments, −$3.00; short TxFlow: 24 payments, +$1.96.
- Watch: Gap narrower than usual−0.296% vs −0.169%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$11K vs $766K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5 · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legAster No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0174%/8h × 21 periods−$36.55
Price spread−0.296% → −0.169% (7d avg)−$12.68
Slippage, 4 orderslive order books−$40.58
Fee Aster bp × 2 orders−$8.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$106.81
Costs to cover0.576%Break-evennever at this rate
Slippage: Aster: live order book, 51 min ago; TxFlow: live order book, 48 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster9.8620.6 bp−$2154.8 bp−$548doesn’t fitdoesn’t fit
SELL · SHORTTxFlow4.939.4 bp−$99.4 bp−$9424.3 bp−$2,427doesn’t fit
Closing costs about the same again.