Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.0140 | +0.0100 | pay 0.0013% / 1h | 53m 30s | $10K | $144K | 50x | Long TxFlow5% off | |
| SHORT | 1.0173 | +0.0100 | get 0.0100% / 8h | 2h 53m | $191K | $348K | 10x | Short GRVT |
Price gap+0.329%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$18 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$280.0000% /8h now · paid +0.285% over the last 7D
Price+$18spread +0.329% now, avg +0.150% → +0.179% if it goes back
Costs−$410.410% of $10k · taker + slippage, in and out
Result+$5+0.05%+ Points / potential airdropTxFlow: points · GRVT: 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+0.329%
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
3 ok · 3 to watch- Watch: Large against open interest9.4 / 11.3 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$200 + $1,000TxFlow 50x, GRVT 10x. 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: $0.00Long TxFlow: 24 payments, −$3.00; short GRVT: 3 payments, +$3.00.
- OK: Entry gap works for you+0.329% vs +0.150%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$10K vs $191K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · GRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0136%/8h × 21 periods+$28.48
Price spread+0.329% → +0.150% (7d avg)+$17.86
Slippage, 4 orderslive order books−$22.99
Fee TxFlow bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k+$5.35
Costs to cover0.410%Break-even5.7 days
Slippage: TxFlow: live order book, 56 min ago; GRVT: live order book, 59 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow4.899.4 bp−$99.4 bp−$9445.5 bp−$4,551doesn’t fit
SELL · SHORTGRVT1.4611.3 bp−$1124.3 bp−$243doesn’t fitdoesn’t fit
Closing costs about the same again.