Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1840 | +0.0100 | pay 0.0013% / 1h | 16m 11s | $32K | $124K | 50x | Long TxFlow5% off | |
| SHORT | 0.1841 | +0.0084 | get 0.0084% / 8h | 3h 16m | $3.0M | $3.8M | 50x | Short Gate |
Price gap+0.054%
Funding gap−0.0016% /8h
Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 0.131% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$18−0.0016% /8h now · paid +0.177% over the last 7D
Price−$13spread +0.054% now, avg +0.185% → −0.131% if it goes back
Costs−$480.485% 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
1 ok · 5 to watch- Watch: Thin at this size7.2 / 18.2 bpAt $10k entering Gate costs 18.2 bp, fee and slippage, 2.5× TxFlow’s.
- Note: Margin at max leverage$200 + $200TxFlow 50x, Gate 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: −$0.48Long TxFlow: 24 payments, −$3.00; short Gate: 3 payments, +$2.52.
- Watch: Gap narrower than usual+0.054% vs +0.185%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long 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: KYCTxFlow No · Gate YesKYC 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)−$13.09
Slippage, 4 orderslive order books−$24.46
Fee TxFlow bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$43.84
Costs to cover0.485%Break-even24.3 days
Slippage: TxFlow: live order book, 6 min ago; Gate: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.727.2 bp−$715.0 bp−$150167.2 bp−$16.7Kdoesn’t fit
SELL · SHORTGate5.4318.2 bp−$1843.1 bp−$431150.3 bp−$15.0Kdoesn’t fit
Closing costs about the same again.
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