Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,342.3 | +0.0089 | pay 0.0011% / 1h | 29m 15s | $9.2M | $13.4M | 75x | Long TxFlow5% off | |
| SHORT | 2,343.1 | +0.0694 | get 0.0087% / 1h | 29m 15s | $32K | $129K | 20x | Short Aftermath Perps5% off |
Price gap+0.032%
Funding gap+0.0605% /8h
Funding pays +$18 a day on $10k, but the gap is 0.049% under its 7d average: −$5 if it goes back, about 6 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$139+0.0605% /8h now · paid +1.395% over the last 7D
Price−$5spread +0.032% now, avg +0.081% → −0.049% if it goes back
Costs−$270.272% of $10k · taker + slippage, in and out
Result+$107+1.07%+ 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+0.032%
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
/8hETH on 56 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Large against open interest4.5 / 6.1 bp$10k is over 10% of Aftermath Perps’s open interest.
- Note: Margin at max leverage$133 + $500TxFlow 75x, Aftermath Perps 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$18.15Long TxFlow: 24 payments, −$2.67; short Aftermath Perps: 24 payments, +$20.82.
- Watch: Gap narrower than usual+0.032% vs +0.081%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$32K vs $9.2M OIAftermath Perps sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Aftermath Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0664%/8h × 21 periods+$139.50
Price spread+0.032% → +0.081% (7d avg)−$4.86
Slippage, 4 orderslive order books−$9.18
Fee TxFlow bp × 2 orders−$9.00
Fee Aftermath Perps bp × 2 orders−$9.00
Net · 7 days · $10k+$107.46
Costs to cover0.272%Break-even1.6 days
Slippage: TxFlow: live order book, 5 min ago; Aftermath Perps: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.024.5 bp−$54.5 bp−$454.9 bp−$4856.5 bp−$3,238
SELL · SHORTAftermath Perps1.636.1 bp−$6doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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