Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2824 | +0.0100 | pay 0.0013% / 1h | 1m 17s | $120K | $25K | 50x | Long ApeX Omni5% off | |
| SHORT | 0.2821 | +0.0041 | get 0.0005% / 1h | 1m 17s | $229K | $109K | 50x | Short TxFlow5% off |
Price gap−0.106%
Funding gap−0.0059% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 2.7 days. At the last 7 days' pace that is about 16 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$50−0.0059% /8h now · paid −0.495% over the last 7D
Price+$5spread −0.106% now, avg −0.154% → +0.048% if it goes back
Costs−$580.578% of $10k · taker + slippage, in and out
Result−$103−1.03%+ 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−0.106%
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
/8hJUP on 35 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Thin at this size17.0 / 10.7 bpAt $10k entering ApeX Omni costs 17.0 bp, fee and slippage, 1.6× TxFlow’s.
- Note: Margin at max leverage$200 + $200ApeX Omni 50x, TxFlow 50x. 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: −$1.76Long ApeX Omni: 24 payments, −$3.00; short TxFlow: 24 payments, +$1.24.
- OK: Entry gap works for you−0.106% vs −0.154%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$120K vs $229K OIApeX Omni sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legApeX Omni No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0236%/8h × 21 periods−$49.52
Price spread−0.106% → −0.154% (7d avg)+$4.77
Slippage, 4 orderslive order books−$38.80
Fee ApeX Omni bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$102.54
Costs to cover0.578%Break-evennever at this rate
Slippage: ApeX Omni: live order book, 41 min ago; TxFlow: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGApeX Omni8.9517.0 bp−$1798.4 bp−$984doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.5710.7 bp−$1140.9 bp−$409doesn’t fitdoesn’t fit
Closing costs about the same again.
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