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 44s | $788K | $1.5M | 50x | Long TxFlow5% off | |
| SHORT | 0.2068 | +0.0018 | get 0.0018% / 8h | 4h 06m | $17.6M | $64.1M | 50x | Short OKX |
Price gap+0.160%
Funding gap−0.0082% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 37 hours. At the last 7 days' pace that is about 9.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.0082% /8h now · paid −0.029% over the last 7D
Price+$4spread +0.160% now, avg +0.122% → +0.038% if it goes back
Costs−$350.347% of $10k · taker + slippage, in and out
Result−$34−0.34%+ 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+0.160%
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 / 7.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $200TxFlow 50x, OKX 50x. 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: −$2.47Long TxFlow: 24 payments, −$3.00; short OKX: 3 payments, +$0.53.
- OK: Entry gap works for you+0.160% vs +0.122%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$788K vs $17.6M 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 · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0014%/8h × 21 periods−$2.87
Price spread+0.160% → +0.122% (7d avg)+$3.83
Slippage, 4 orderslive order books−$15.69
Fee TxFlow bp × 2 orders−$9.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$33.73
Costs to cover0.347%Break-evennever at this rate
Slippage: TxFlow: live order book, 1 min ago; OKX: live order book, 1 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 · SHORTOKX0.247.8 bp−$821.9 bp−$21957.6 bp−$5,759doesn’t fit
Closing costs about the same again.
| 10-23 09:05 | Reya | Listing | new market ENARUSDPERP ($ENA) seen by our collector |
| 10-21 12:23 | OKX | Other | ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗ |
| 10-20 09:08 | Bullet | Listing | By popular demand, $ENA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 10-20 08:16 | Bullet | Listing | new market ENA-USD ($ENA) seen by our collector |
| 10-16 07:56 | Pacifica | Listing | $ENA Print is now live on Pacifica. Place Print $ENA orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗ |
| 10-13 15:13 | OKX | Other | Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗ |
Reya
Bullet
Pacifica