Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.6170 | −0.0032 | get 0.0032% / 8h | 3h 19m | $23.5M | $16.2M | 75x | Long Binance | |
| SHORT | 2.6130 | −0.0060 | pay 0.0008% / 1h | 19m 08s | $106K | $92K | 25x | Short TxFlow5% off |
Price gap−0.153%
Funding gap−0.0028% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$52−0.0028% /8h now · paid −0.520% over the last 7D
Price$0spread −0.153% now, avg −0.152% → −0.001% if it goes back
Costs−$360.357% of $10k · taker + slippage, in and out
Result−$88−0.88%+ 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−0.153%
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
2 ok · 3 to watch- OK: Fits both order books9.6 / 8.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $400Binance 75x, 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: −$0.85Long Binance: 3 payments, +$0.95; short TxFlow: 24 payments, −$1.81.
- Note: Gap at its usual level−0.153% vs −0.152%The price leg adds little either way.
- Watch: Short leg is thinner$106K vs $23.5M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · TxFlow NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0247%/8h × 21 periods−$51.97
Price spread−0.153% → −0.152% (7d avg)−$0.12
Slippage, 4 orderslive order books−$16.75
Fee Binance bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$87.84
Costs to cover0.357%Break-evennever at this rate
Slippage: Binance: live order book, 2 min ago; TxFlow: live order book, 59 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.919.6 bp−$1019.7 bp−$19784.5 bp−$8,446doesn’t fit
SELL · SHORTTxFlow3.868.8 bp−$915.0 bp−$15087.7 bp−$8,775doesn’t fit
Closing costs about the same again.
Orderly