Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.9560 | +0.0100 | pay 0.0013% / 1h | 34m 46s | $79K | $151K | 50x | Long TxFlow5% off | |
| SHORT | 0.9574 | −0.0058 | pay 0.0058% / 8h | 5h 34m | $30.0M | $34.0M | 75x | Short Binance |
Price gap+0.150%
Funding gap−0.0158% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.032% 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−$12−0.0158% /8h now · paid −0.121% over the last 7D
Price−$3spread +0.150% now, avg +0.182% → −0.032% if it goes back
Costs−$360.360% of $10k · taker + slippage, in and out
Result−$51−0.51%+ 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+0.150%
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 interest9.7 / 8.0 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$200 + $133TxFlow 50x, Binance 75x. 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: −$4.74Long TxFlow: 24 payments, −$3.00; short Binance: 3 payments, −$1.74.
- Watch: Gap narrower than usual+0.150% vs +0.182%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long 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: KYCTxFlow No · Binance YesVerified 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+0.150% → +0.182% (7d avg)−$3.22
Slippage, 4 orderslive order books−$17.01
Fee TxFlow bp × 2 orders−$9.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$51.31
Costs to cover0.360%Break-evennever at this rate
Slippage: TxFlow: live order book, 12 min ago; Binance: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow5.249.7 bp−$1011.2 bp−$11263.2 bp−$6,317doesn’t fit
SELL · SHORTBinance0.528.0 bp−$813.7 bp−$13747.2 bp−$4,716doesn’t fit
Closing costs about the same again.
