Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.4240 | −0.0037 | get 0.0037% / 8h | 58m 13s | $12.9M | $12.4M | 75x | Long Bybit | |
| SHORT | 2.4230 | −0.0185 | pay 0.0023% / 1h | 58m 13s | $146K | $177K | 25x | Short TxFlow5% off |
Price gap−0.041%
Funding gap−0.0148% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 2.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$49−0.0148% /8h now · paid −0.493% over the last 7D
Price+$11spread −0.041% now, avg −0.147% → +0.105% if it goes back
Costs−$410.407% of $10k · taker + slippage, in and out
Result−$79−0.79%+ 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−0.041%
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- OK: Fits both order books11.1 / 6.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $400Bybit 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: −$4.44Long Bybit: 3 payments, +$1.11; short TxFlow: 24 payments, −$5.54.
- OK: Entry gap works for you−0.041% vs −0.147%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$146K vs $12.9M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · TxFlow NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0235%/8h × 21 periods−$49.29
Price spread−0.041% → −0.147% (7d avg)+$10.55
Slippage, 4 orderslive order books−$20.65
Fee Bybit bp × 2 orders−$11.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$79.39
Costs to cover0.407%Break-evennever at this rate
Slippage: Bybit: live order book, 4 min ago; TxFlow: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit2.0611.1 bp−$1127.9 bp−$279doesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.066.7 bp−$728.8 bp−$288258.3 bp−$25.8Kdoesn’t fit
Closing costs about the same again.
Orderly