Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2039 | +0.0016 | pay 0.0008% / 4h | 1h 56m | $78.0M | $17.0M | 50x | Long Gate | |
| SHORT | 0.2034 | +0.0100 | get 0.0013% / 1h | 56m 15s | $454K | $2.0M | 50x | Short TxFlow5% off |
Price gap−0.206%
Funding gap+0.0084% /8h
Funding pays +$3 a day on $10k, but the gap is 0.093% under its 7d average: −$9 if it goes back, about 3.7 days of funding. At the last 7 days' pace that is about 11 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0084% /8h now · paid +0.057% over the last 7D
Price−$9spread −0.206% now, avg −0.113% → −0.093% if it goes back
Costs−$460.458% of $10k · taker + slippage, in and out
Result−$49−0.49%+ 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−0.206%
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
/8hENA on 45 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books13.3 / 7.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $200Gate 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$2.52Long Gate: 6 payments, −$0.48; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.206% vs −0.113%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$454K vs $78.0M 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+0.0027%/8h × 21 periods+$5.74
Price spread−0.206% → −0.113% (7d avg)−$9.25
Slippage, 4 orderslive order books−$21.81
Fee Gate bp × 2 orders−$15.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$49.32
Costs to cover0.458%Break-even67.1 days
Slippage: Gate: live order book, 2 min ago; TxFlow: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate2.2013.3 bp−$1323.9 bp−$23969.1 bp−$6,912132.2 bp−$66.1K
SELL · SHORTTxFlow1.967.6 bp−$817.3 bp−$173102.5 bp−$10.3Kdoesn’t fit
Closing costs about the same again.
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