Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1844 | +0.0100 | pay 0.0100% / 8h | 2h 24m | $8.1M | $3.9M | 50x | Long KuCoin | |
| SHORT | 0.1842 | −0.0147 | pay 0.0018% / 1h | 24m 39s | $32K | $112K | 50x | Short TxFlow5% off |
Price gap−0.108%
Funding gap−0.0247% /8h
The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 28 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$26−0.0247% /8h now · paid −0.262% over the last 7D
Price+$9spread −0.108% now, avg −0.195% → +0.087% if it goes back
Costs−$410.414% of $10k · taker + slippage, in and out
Result−$59−0.59%+ 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−0.108%
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 size15.9 / 7.2 bpAt $10k entering KuCoin costs 15.9 bp, fee and slippage, 2.2× TxFlow’s.
- Note: Margin at max leverage$200 + $200KuCoin 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: −$7.42Long KuCoin: 3 payments, −$3.00; short TxFlow: 24 payments, −$4.42.
- OK: Entry gap works for you−0.108% vs −0.195%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$32K vs $8.1M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · TxFlow NoStandard 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−0.0125%/8h × 21 periods−$26.23
Price spread−0.108% → −0.195% (7d avg)+$8.68
Slippage, 4 orderslive order books−$20.44
Fee KuCoin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$58.99
Costs to cover0.414%Break-evennever at this rate
Slippage: KuCoin: live order book, 2 min ago; TxFlow: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin2.7115.9 bp−$1660.5 bp−$605doesn’t fitdoesn’t fit
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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