Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1384 | +0.0100 | pay 0.0050% / 4h | 3h 19m | $1.3M | $6.0M | — | Long BingX | |
| SHORT | 0.1380 | −0.0293 | pay 0.0037% / 1h | 19m 19s | $187K | $54K | 25x | Short TxFlow5% off |
Price gap−0.289%
Funding gap−0.0393% /8h
Both sides work against this direction now: funding costs $12 a day on $10k and the gap is 0.121% 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−$91−0.0393% /8h now · paid −0.907% over the last 7D
Price−$12spread −0.289% now, avg −0.168% → −0.121% if it goes back
Costs−$870.874% of $10k · taker + slippage, in and out
Result−$190−1.90%+ 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−0.289%
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 size20.4 / 24.2 bpAt $10k entering TxFlow costs 24.2 bp, fee and slippage, 1.2× BingX’s.
- Note: Margin at max leverage— + $400BingX —, 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: −$11.79Long BingX: 6 payments, −$3.00; short TxFlow: 24 payments, −$8.79.
- Watch: Gap narrower than usual−0.289% vs −0.168%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$187K vs $1.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · TxFlow NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0432%/8h × 21 periods−$90.71
Price spread−0.289% → −0.168% (7d avg)−$12.14
Slippage, 4 orderslive order books−$68.42
Fee BingX bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$190.27
Costs to cover0.874%Break-evennever at this rate
Slippage: BingX: live order book, 20 min ago; TxFlow: live order book, 60 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX10.8720.4 bp−$2060.9 bp−$609380.9 bp−$38.1K1072.5 bp−$536.3K
SELL · SHORTTxFlow3.6624.2 bp−$2494.2 bp−$942doesn’t fitdoesn’t fit
Closing costs about the same again.