Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.5880 | −0.0337 | get 0.0042% / 1h | 2m 36s | $108K | $92K | 25x | Long TxFlow5% off | |
| SHORT | 2.5920 | +0.0100 | get 0.0100% / 8h | 5h 02m | $5.1M | $1.1M | 50x | Short KuCoin |
Price gap+0.155%
Funding gap+0.0437% /8h
Funding pays +$13 a day on $10k, but the gap is 0.037% under its 7d average: −$4 if it goes back, about 7 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$68+0.0437% /8h now · paid +0.683% over the last 7D
Price−$4spread +0.155% now, avg +0.192% → −0.037% if it goes back
Costs−$630.627% of $10k · taker + slippage, in and out
Result+$2+0.02%+ 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+0.155%
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 28 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size12.8 / 21.4 bpAt $10k entering KuCoin costs 21.4 bp, fee and slippage, 1.7× TxFlow’s.
- Note: Margin at max leverage$400 + $200TxFlow 25x, KuCoin 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: +$13.12Long TxFlow: 24 payments, +$10.12; short KuCoin: 3 payments, +$3.00.
- Watch: Gap narrower than usual+0.155% vs +0.192%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$108K vs $5.1M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0325%/8h × 21 periods+$68.28
Price spread+0.155% → +0.192% (7d avg)−$3.70
Slippage, 4 orderslive order books−$41.67
Fee TxFlow bp × 2 orders−$9.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k+$1.91
Costs to cover0.627%Break-even6.8 days
Slippage: TxFlow: live order book, 56 min ago; KuCoin: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.9312.8 bp−$1322.1 bp−$221115.6 bp−$11.6Kdoesn’t fit
SELL · SHORTKuCoin1.9321.4 bp−$2157.6 bp−$576doesn’t fitdoesn’t fit
Closing costs about the same again.
Orderly