Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.9570 | −0.0024 | get 0.0024% / 8h | 5h 00m | $30.0M | $33.2M | 75x | Long Binance | |
| SHORT | 0.9550 | +0.0100 | get 0.0013% / 1h | 0m 33s | $79K | $142K | 50x | Short TxFlow5% off |
Price gap−0.204%
Funding gap+0.0124% /8h
Funding pays +$4 a day on $10k, but the gap is 0.022% under its 7d average: −$2 if it goes back, about 14 hours of funding. At the last 7 days' pace that is about 31 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$12+0.0124% /8h now · paid +0.121% over the last 7D
Price−$2spread −0.204% now, avg −0.182% → −0.022% if it goes back
Costs−$350.348% of $10k · taker + slippage, in and out
Result−$25−0.25%+ 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−0.204%
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
1 ok · 5 to watch- Watch: Large against open interest7.8 / 9.7 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$133 + $200Binance 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: +$3.72Long Binance: 3 payments, +$0.72; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.204% vs −0.182%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$79K vs $30.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · TxFlow NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0058%/8h × 21 periods+$12.09
Price spread−0.204% → −0.182% (7d avg)−$2.24
Slippage, 4 orderslive order books−$15.76
Fee Binance bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$24.91
Costs to cover0.348%Break-even21.4 days
Slippage: Binance: live order book, 6 min ago; TxFlow: live order book, 46 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.527.8 bp−$815.2 bp−$15236.6 bp−$3,661doesn’t fit
SELL · SHORTTxFlow5.249.7 bp−$109.7 bp−$9743.1 bp−$4,310doesn’t fit
Closing costs about the same again.