Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.5822 | +0.0075 | pay 0.0075% / 8h | 7h 19m | $1.1M | $55K | 50x | Long Variational Omni+15% pts | |
| SHORT | 2.5910 | −0.0028 | pay 0.0003% / 1h | 19m 51s | $105K | $58K | 25x | Short TxFlow5% off |
Price gap+0.339%
Funding gap−0.0103% /8h
The gap pays +$36 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 12 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$38−0.0103% /8h now · paid −0.375% over the last 7D
Price+$36spread +0.339% now, avg −0.021% → +0.360% if it goes back
Costs−$410.406% of $10k · taker + slippage, in and out
Result−$42−0.42%+ Points / potential airdropVariational Omni: points · TxFlow: 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+0.339%
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
4 ok · 2 to watch- OK: Fits both order books13.1 / 9.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $400Variational Omni 50x, 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: −$3.08Long Variational Omni: 3 payments, −$2.25; short TxFlow: 24 payments, −$0.83.
- OK: Entry gap works for you+0.339% vs −0.021%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$105K vs $1.1M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0179%/8h × 21 periods−$37.53
Price spread+0.339% → −0.021% (7d avg)+$36.02
Slippage, 4 orderslive order books−$31.64
Fee Variational Omni bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$42.16
Costs to cover0.406%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, just now; TxFlow: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.6513.1 bp−$1317.9 bp−$179doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.949.9 bp−$1021.4 bp−$214113.8 bp−$11.4Kdoesn’t fit
Closing costs about the same again.
Orderly