Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1237 | +0.0090 | pay 0.0045% / 4h | 59m 58s | $3.1M | $3.3M | 75x | Long Binance | |
| SHORT | 0.1234 | −0.0417 | pay 0.0052% / 1h | 59m 58s | $171K | $52K | 25x | Short TxFlow5% off |
Price gap−0.243%52s
Funding gap−0.0507% /8h
Both sides work against this direction now: funding costs $15 a day on $10k and the gap is 0.037% 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−$75−0.0507% /8h now · paid −0.751% over the last 7D
Price—spread −0.243%52s now · prices read too far apart to compare
Costs−$910.911% of $10k · taker + slippage, in and out
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−0.243%
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
/8hIMX on 16 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size24.0 / 21.5 bpAt $10k entering Binance costs 24.0 bp, fee and slippage, 1.1× TxFlow’s.
- Note: Margin at max leverage$133 + $400Binance 75x, TxFlow 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$15.22Long Binance: 6 payments, −$2.70; short TxFlow: 24 payments, −$12.52.
- Watch: Prices read 52 s apart−0.243% vs −0.206%Part of this gap may be the market moving.
- Watch: Short leg is thinner$171K vs $3.1M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · TxFlow NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0357%/8h × 21 periods−$75.05
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$72.06
Fee Binance bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$166.11
price spread not counted: prices read too far apartCosts to cover0.911%Break-evennever at this rate
Slippage: Binance: live order book, 16 min ago; TxFlow: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance4.0324.0 bp−$2495.5 bp−$955doesn’t fitdoesn’t fit
SELL · SHORTTxFlow4.0521.5 bp−$21138.6 bp−$1,386doesn’t fitdoesn’t fit
Closing costs about the same again.
