Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.6120 | −0.0047 | get 0.0006% / 1h | 18m 49s | $106K | $92K | 25x | Long TxFlow5% off | |
| SHORT | 2.6130 | −0.0168 | pay 0.0168% / 8h | 3h 18m | $5.0M | $4.2M | 50x | Short OKX |
Price gap+0.038%
Funding gap−0.0122% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.094% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$56−0.0122% /8h now · paid +0.558% over the last 7D
Price−$9spread +0.038% now, avg +0.133% → −0.094% if it goes back
Costs−$400.402% of $10k · taker + slippage, in and out
Result+$6+0.06%+ 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+0.038%
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 · 4 to watch- OK: Fits both order books8.8 / 9.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $200TxFlow 25x, OKX 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: −$3.65Long TxFlow: 24 payments, +$1.40; short OKX: 3 payments, −$5.05.
- Watch: Gap narrower than usual+0.038% vs +0.133%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$106K vs $5.0M 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 · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0266%/8h × 21 periods+$55.79
Price spread+0.038% → +0.133% (7d avg)−$9.44
Slippage, 4 orderslive order books−$21.20
Fee TxFlow bp × 2 orders−$9.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k+$6.15
Costs to cover0.402%Break-even6.2 days
Slippage: TxFlow: live order book, 59 min ago; OKX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow3.868.8 bp−$918.1 bp−$18182.6 bp−$8,256doesn’t fit
SELL · SHORTOKX1.919.5 bp−$919.1 bp−$191doesn’t fitdoesn’t fit
Closing costs about the same again.
Orderly