Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1847 | −0.0024 | get 0.0003% / 1h | 7m 36s | $33K | $123K | 50x | Long TxFlow5% off | |
| SHORT | 0.1845 | +0.0100 | get 0.0100% / 8h | 4h 07m | $274K | $36K | 50x | Short Variational Omni+15% pts |
Price gap−0.130%
Funding gap+0.0124% /8h
Funding pays +$4 a day on $10k, but the gap is 0.173% under its 7d average: −$17 if it goes back, about 4.6 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$27+0.0124% /8h now · paid +0.272% over the last 7D
Price−$17spread −0.130% now, avg +0.043% → −0.173% if it goes back
Costs−$610.607% of $10k · taker + slippage, in and out
Result−$51−0.51%+ Points / potential airdropTxFlow: points · Variational Omni: 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−0.130%
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 size7.5 / 24.5 bpAt $10k entering Variational Omni costs 24.5 bp, fee and slippage, 3.3× TxFlow’s.
- Note: Margin at max leverage$200 + $200TxFlow 50x, Variational Omni 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: +$3.72Long TxFlow: 24 payments, +$0.72; short Variational Omni: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.130% vs +0.043%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$33K vs $274K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0129%/8h × 21 periods+$27.19
Price spread−0.130% → +0.043% (7d avg)−$17.26
Slippage, 4 orderslive order books−$51.73
Fee TxFlow bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$50.81
Costs to cover0.607%Break-even20.1 days
Slippage: TxFlow: live order book, 19 min ago; Variational Omni: RFQ quote, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.717.5 bp−$720.5 bp−$205211.2 bp−$21.1Kdoesn’t fit
SELL · SHORTVariational Omni8.1724.5 bp−$2540.8 bp−$408doesn’t fitdoesn’t fit
Closing costs about the same again.
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