Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1408 | +0.0100 | pay 0.0050% / 4h | 2h 26m | $873K | $31K | 50x | Long KuCoin | |
| SHORT | 0.1403 | −0.0268 | pay 0.0033% / 1h | 26m 27s | $206K | $33K | 25x | Short TxFlow5% off |
Price gap−0.355%
Funding gap−0.0368% /8h
Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.080% 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−$80−0.0368% /8h now · paid −0.804% over the last 7D
Price−$8spread −0.355% now, avg −0.276% → −0.080% if it goes back
Costs−$2982.984% of $10k · taker + slippage, in and out
Result−$387−3.87%+ 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−0.355%
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 size98.1 / 22.8 bpAt $10k entering KuCoin costs 98.1 bp, fee and slippage, 4.3× TxFlow’s.
- Note: Margin at max leverage$200 + $400KuCoin 50x, 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: −$11.04Long KuCoin: 6 payments, −$3.00; short TxFlow: 24 payments, −$8.04.
- Watch: Gap narrower than usual−0.355% vs −0.276%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$206K vs $873K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · TxFlow NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0383%/8h × 21 periods−$80.39
Price spread−0.355% → −0.276% (7d avg)−$7.96
Slippage, 4 orderslive order books−$277.37
Fee KuCoin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$386.73
Costs to cover2.984%Break-evennever at this rate
Slippage: KuCoin: live order book, 37 min ago; TxFlow: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin17.8198.1 bp−$98796.7 bp−$7,967doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.5722.8 bp−$2387.5 bp−$875doesn’t fitdoesn’t fit
Closing costs about the same again.