Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1237 | +0.0100 | pay 0.0050% / 4h | 1h 00m | $1.0M | $189K | 75x | Long Bitget | |
| SHORT | 0.1234 | −0.0417 | pay 0.0052% / 1h | 0m 34s | $171K | $52K | 25x | Short TxFlow5% off |
Price gap−0.243%
Funding gap−0.0517% /8h
Funding costs $16 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$88−0.0517% /8h now · paid −0.883% over the last 7D
Price+$1spread −0.243% now, avg −0.255% → +0.012% if it goes back
Costs−$1151.147% of $10k · taker + slippage, in and out
Result−$202−2.02%+ 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−0.243%
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 · 4 to watch- Watch: Thin at this size23.3 / 21.5 bpAt $10k entering Bitget costs 23.3 bp, fee and slippage, 1.1× TxFlow’s.
- Note: Margin at max leverage$133 + $400Bitget 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: −$15.52Long Bitget: 6 payments, −$3.00; short TxFlow: 24 payments, −$12.52.
- Note: Gap at its usual level−0.243% vs −0.255%The price leg adds little either way.
- Watch: Short leg is thinner$171K vs $1.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · TxFlow NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0420%/8h × 21 periods−$88.25
Price spread−0.243% → −0.255% (7d avg)+$1.23
Slippage, 4 orderslive order books−$93.66
Fee Bitget bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$201.68
Costs to cover1.147%Break-evennever at this rate
Slippage: Bitget: live order book, 3 min ago; TxFlow: live order book, 49 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget8.0823.3 bp−$2398.1 bp−$981doesn’t fitdoesn’t fit
SELL · SHORTTxFlow4.0521.5 bp−$21138.6 bp−$1,386doesn’t fitdoesn’t fit
Closing costs about the same again.