Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1844 | +0.0089 | pay 0.0089% / 8h | 2h 28m | $3.0M | $3.7M | 50x | Long Gate | |
| SHORT | 0.1845 | −0.0131 | pay 0.0016% / 1h | 28m 59s | $32K | $118K | 50x | Short TxFlow5% off |
Price gap+0.054%
Funding gap−0.0220% /8h
The gap pays +$24 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 3.6 days. At the last 7 days' pace that is about 9.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.0220% /8h now · paid −0.177% over the last 7D
Price+$24spread +0.054% now, avg −0.185% → +0.239% if it goes back
Costs−$500.504% of $10k · taker + slippage, in and out
Result−$44−0.44%+ 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+0.054%
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
/8hFET on 20 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size17.0 / 7.2 bpAt $10k entering Gate costs 17.0 bp, fee and slippage, 2.4× TxFlow’s.
- Note: Margin at max leverage$200 + $200Gate 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$6.59Long Gate: 3 payments, −$2.67; short TxFlow: 24 payments, −$3.92.
- OK: Entry gap works for you+0.054% vs −0.185%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$32K vs $3.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCGate Yes · TxFlow NoKYC 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−0.0084%/8h × 21 periods−$17.71
Price spread+0.054% → −0.185% (7d avg)+$23.91
Slippage, 4 orderslive order books−$26.40
Fee Gate bp × 2 orders−$15.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$44.20
Costs to cover0.504%Break-evennever at this rate
Slippage: Gate: live order book, 3 min ago; TxFlow: live order book, 53 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate2.7017.0 bp−$1750.3 bp−$50396.5 bp−$9,650143.1 bp−$71.5K
SELL · SHORTTxFlow2.727.2 bp−$721.2 bp−$212105.8 bp−$10.6Kdoesn’t fit
Closing costs about the same again.
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