Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.6010 | −0.0353 | get 0.0044% / 1h | 21m 38s | $114K | $64K | 25x | Long TxFlow5% off | |
| SHORT | 2.6010 | +0.0076 | get 0.0076% / 8h | 6h 21m | $1.1M | $56K | 50x | Short Variational Omni+15% pts |
Price gap+0.001%
Funding gap+0.0429% /8h
Funding pays +$13 a day on $10k, but the gap is 0.021% under its 7d average: −$2 if it goes back, about 4 hours of funding. At the last 7 days' pace that is about 9 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$38+0.0429% /8h now · paid +0.377% over the last 7D
Price−$2spread +0.001% now, avg +0.022% → −0.021% if it goes back
Costs−$400.399% of $10k · taker + slippage, in and out
Result−$4−0.04%+ Points / potential airdropTxFlow: points · Variational Omni: 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+0.001%
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 books6.4 / 11.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $200TxFlow 25x, Variational Omni 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: +$12.87Long TxFlow: 24 payments, +$10.59; short Variational Omni: 3 payments, +$2.28.
- Watch: Gap narrower than usual+0.001% vs +0.022%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$114K vs $1.1M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0180%/8h × 21 periods+$37.74
Price spread+0.001% → +0.022% (7d avg)−$2.10
Slippage, 4 orderslive order books−$30.86
Fee TxFlow bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$4.22
Costs to cover0.399%Break-even7.8 days
Slippage: TxFlow: live order book, 63 min ago; Variational Omni: RFQ quote, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.946.4 bp−$615.6 bp−$156118.6 bp−$11.9Kdoesn’t fit
SELL · SHORTVariational Omni4.6311.1 bp−$1117.0 bp−$170doesn’t fitdoesn’t fit
Closing costs about the same again.
Orderly