Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2067 | +0.0089 | pay 0.0011% / 1h | 53m 07s | $612K | $1.8M | 50x | Long TxFlow5% off | |
| SHORT | 0.2070 | −0.0024 | pay 0.0012% / 4h | 2h 53m | $78.1M | $16.4M | 50x | Short Gate |
Price gap+0.150%
Funding gap−0.0113% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 26 hours. At the last 7 days' pace that is about 4.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0113% /8h now · paid −0.057% over the last 7D
Price+$4spread +0.150% now, avg +0.113% → +0.037% if it goes back
Costs−$480.480% of $10k · taker + slippage, in and out
Result−$50−0.50%+ 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
/8hENA on 45 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books5.6 / 14.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $200TxFlow 50x, Gate 50x. 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: −$3.38Long TxFlow: 24 payments, −$2.66; short Gate: 6 payments, −$0.72.
- OK: Entry gap works for you+0.150% vs +0.113%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$612K vs $78.1M 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 · Gate YesKYC 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+0.150% → +0.113% (7d avg)+$3.70
Slippage, 4 orderslive order books−$24.04
Fee TxFlow bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$50.08
Costs to cover0.480%Break-evennever at this rate
Slippage: TxFlow: live order book, 5 min ago; Gate: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.245.6 bp−$611.8 bp−$11864.9 bp−$6,491doesn’t fit
SELL · SHORTGate1.6914.3 bp−$1423.1 bp−$23166.9 bp−$6,686doesn’t fit
Closing costs about the same again.
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