Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2082 | +0.0100 | pay 0.0013% / 1h | 56m 22s | $358K | $1.2M | 50x | Long TxFlow5% off | |
| SHORT | 0.2085 | +0.0100 | get 0.0050% / 4h | 56m 22s | $106.7M | $245.6M | 75x | Short Binance |
Price gap+0.152%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 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+$10.0000% /8h now · paid +0.013% over the last 7D
Price+$3spread +0.152% now, avg +0.120% → +0.032% if it goes back
Costs−$270.271% of $10k · taker + slippage, in and out
Result−$23−0.23%+ 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+0.152%
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
3 ok · 3 to watch- OK: Fits both order books8.5 / 6.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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 / 4hPayments 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 Binance: 6 payments, +$3.00.
- OK: Entry gap works for you+0.152% vs +0.120%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$358K vs $106.7M 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+0.0006%/8h × 21 periods+$1.27
Price spread+0.152% → +0.120% (7d avg)+$3.20
Slippage, 4 orderslive order books−$8.08
Fee TxFlow bp × 2 orders−$9.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$22.61
Costs to cover0.271%Break-even131.5 days
Slippage: TxFlow: live order book, 1 min ago; Binance: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.728.5 bp−$913.9 bp−$13955.7 bp−$5,567doesn’t fit
SELL · SHORTBinance0.246.2 bp−$612.1 bp−$12143.3 bp−$4,334doesn’t fit
Closing costs about the same again.
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