Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.0120 | +0.0001 | pay 0.0001% / 8h | 1h 56m | $36.3M | $4.5M | 75x | Long Gate | |
| SHORT | 1.0100 | +0.0065 | get 0.0008% / 1h | 56m 24s | $11K | $150K | 50x | Short TxFlow5% off |
Price gap−0.198%
Funding gap+0.0064% /8h
Funding pays +$2 a day on $10k, but the gap is 0.038% under its 7d average: −$4 if it goes back, about 47 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$23+0.0064% /8h now · paid −0.235% over the last 7D
Price−$4spread −0.198% now, avg −0.160% → −0.038% if it goes back
Costs−$540.536% of $10k · taker + slippage, in and out
Result−$81−0.81%+ 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−0.198%
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: Thin at this size17.4 / 9.4 bpAt $10k entering Gate costs 17.4 bp, fee and slippage, 1.8× TxFlow’s.
- Note: Margin at max leverage$133 + $200Gate 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: +$1.93Long Gate: 3 payments, −$0.03; short TxFlow: 24 payments, +$1.96.
- Watch: Gap narrower than usual−0.198% vs −0.160%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 $36.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCGate Yes · TxFlow NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0112%/8h × 21 periods−$23.49
Price spread−0.198% → −0.160% (7d avg)−$3.77
Slippage, 4 orderslive order books−$29.60
Fee Gate bp × 2 orders−$15.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$80.87
Costs to cover0.536%Break-evennever at this rate
Slippage: Gate: live order book, 2 min ago; TxFlow: live order book, 48 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate9.8717.4 bp−$1726.9 bp−$26995.5 bp−$9,546doesn’t fit
SELL · SHORTTxFlow4.939.4 bp−$99.4 bp−$9424.3 bp−$2,427doesn’t fit
Closing costs about the same again.