Funding arb · Price arb / Crypto
GRASS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.6989 | +0.0100 | pay 0.0013% / 1h | 23m 26s | $75K | $1.7M | 50x | Long TxFlow5% off | |
| SHORT | 0.6989 | +0.0100 | get 0.0050% / 4h | 1h 23m | $2.6M | $11K | 50x | Short Variational Omni+15% pts |
Price gap−0.006%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$19 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20.0000% /8h now · paid −0.018% over the last 7D
Price+$19spread −0.006% now, avg −0.198% → +0.192% if it goes back
Costs−$760.756% of $10k · taker + slippage, in and out
Result−$58−0.58%+ 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−0.006%
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
/8hGRASS on 17 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size15.0 / 18.6 bpAt $10k entering Variational Omni costs 18.6 bp, fee and slippage, 1.2× 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 / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long TxFlow: 24 payments, −$3.00; short Variational Omni: 6 payments, +$3.00.
- OK: Entry gap works for you−0.006% vs −0.198%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$75K vs $2.6M 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−0.0009%/8h × 21 periods−$1.85
Price spread−0.006% → −0.198% (7d avg)+$19.25
Slippage, 4 orderslive order books−$66.60
Fee TxFlow bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$58.20
Costs to cover0.756%Break-evennever at this rate
Slippage: TxFlow: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.1415.0 bp−$1547.6 bp−$476doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni3.5818.6 bp−$1930.8 bp−$308doesn’t fitdoesn’t fit
Closing costs about the same again.