Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2065 | +0.0100 | pay 0.0013% / 1h | 6m 03s | $788K | $1.5M | 50x | Long TxFlow5% off | |
| SHORT | 0.2069 | +0.0088 | get 0.0044% / 4h | 6m 03s | $24.4M | $15.9M | 75x | Short KuCoin |
Price gap+0.208%
Funding gap−0.0012% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $0 a day and eats that in about 21 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8−0.0012% /8h now · paid +0.077% over the last 7D
Price+$8spread +0.208% now, avg +0.132% → +0.077% if it goes back
Costs−$420.420% of $10k · taker + slippage, in and out
Result−$27−0.27%+ 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+0.208%
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 books8.1 / 8.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $133TxFlow 50x, KuCoin 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: −$0.36Long TxFlow: 24 payments, −$3.00; short KuCoin: 6 payments, +$2.64.
- OK: Entry gap works for you+0.208% vs +0.132%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$788K vs $24.4M 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 · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0037%/8h × 21 periods+$7.73
Price spread+0.208% → +0.132% (7d avg)+$7.66
Slippage, 4 orderslive order books−$20.98
Fee TxFlow bp × 2 orders−$9.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$26.59
Costs to cover0.420%Break-even31.1 days
Slippage: TxFlow: live order book, 1 min ago; KuCoin: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.978.1 bp−$817.5 bp−$17570.8 bp−$7,078doesn’t fit
SELL · SHORTKuCoin2.418.8 bp−$929.0 bp−$290181.8 bp−$18.2Kdoesn’t fit
Closing costs about the same again.
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