Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.6040 | −0.0063 | get 0.0063% / 8h | 4h 13m | $227K | $328K | 20x | Long Aster≤10% back | |
| SHORT | 2.6000 | −0.0262 | pay 0.0033% / 1h | 13m 13s | $109K | $91K | 25x | Short TxFlow5% off |
Price gap−0.154%
Funding gap−0.0199% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 16 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$61−0.0199% /8h now · paid −0.611% over the last 7D
Price+$4spread −0.154% now, avg −0.192% → +0.039% if it goes back
Costs−$440.437% of $10k · taker + slippage, in and out
Result−$101−1.01%+ Points / potential airdropAster: Stage 5 · TxFlow: 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−0.154%
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
/8hICP on 29 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size15.7 / 8.8 bpAt $10k entering Aster costs 15.7 bp, fee and slippage, 1.8× TxFlow’s.
- Note: Margin at max leverage$500 + $400Aster 20x, TxFlow 25x. 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: −$5.97Long Aster: 3 payments, +$1.88; short TxFlow: 24 payments, −$7.85.
- OK: Entry gap works for you−0.154% vs −0.192%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$109K vs $227K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5 · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legAster No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0291%/8h × 21 periods−$61.14
Price spread−0.154% → −0.192% (7d avg)+$3.86
Slippage, 4 orderslive order books−$26.71
Fee Aster bp × 2 orders−$8.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$100.99
Costs to cover0.437%Break-evennever at this rate
Slippage: Aster: live order book, 8 min ago; TxFlow: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster1.9315.7 bp−$1680.7 bp−$807doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.868.8 bp−$915.0 bp−$15087.7 bp−$8,775doesn’t fit
Closing costs about the same again.
Orderly