Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04010 | +0.0100 | pay 0.0013% / 1h | 0m 03s | $877 | $118K | 25x | Long TxFlow5% off | |
| SHORT | 0.04022 | +0.0100 | get 0.0013% / 1h | 0m 03s | $1.2M | $93K | 3x | Short Hyperliquid4% off |
Price gap+0.287%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$400.0000% /8h now · paid +0.401% over the last 7D
Price−$1spread +0.287% now, avg +0.295% → −0.008% if it goes back
Costs−$890.890% of $10k · taker + slippage, in and out
Result−$50−0.50%+ Points / potential airdropTxFlow: points · Hyperliquid: Season 2 · 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+0.287%
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
/8hIOTA on 12 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Watch: Thin at this size16.9 / 30.1 bpAt $10k entering Hyperliquid costs 30.1 bp, fee and slippage, 1.8× TxFlow’s.
- Note: Margin at max leverage$400 + $3,333TxFlow 25x, Hyperliquid 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long TxFlow: 24 payments, −$3.00; short Hyperliquid: 24 payments, +$3.00.
- Note: Gap at its usual level+0.287% vs +0.295%The price leg adds little either way.
- Watch: Long leg is thinner$877 vs $1.2M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Hyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0191%/8h × 21 periods+$40.10
Price spread+0.287% → +0.295% (7d avg)−$0.78
Slippage, 4 orderslive order books−$71.00
Fee TxFlow bp × 2 orders−$9.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k−$49.68
Costs to cover0.890%Break-even15.7 days
Slippage: TxFlow: live order book, 42 min ago; Hyperliquid: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow12.4216.9 bp−$1781.2 bp−$812doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid4.3530.1 bp−$30161.4 bp−$1,614doesn’t fitdoesn’t fit
Closing costs about the same again.
