Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2804 | +0.0056 | pay 0.0007% / 1h | 13m 15s | $1.9M | $159K | 25x | Long Extended10% off | |
| SHORT | 0.2809 | −0.0261 | pay 0.0033% / 1h | 13m 15s | $237K | $665K | 50x | Short TxFlow5% off |
Price gap+0.195%
Funding gap−0.0317% /8h
The gap pays +$22 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 2.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$56−0.0317% /8h now · paid −0.556% over the last 7D
Price+$22spread +0.195% now, avg −0.024% → +0.219% if it goes back
Costs−$450.448% of $10k · taker + slippage, in and out
Result−$79−0.79%+ Points / potential airdropExtended: points · TxFlow: 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+0.195%
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
5 ok · 1 to watch- OK: Fits both order books11.6 / 6.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $200Extended 25x, 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: −$9.50Long Extended: 24 payments, −$1.68; short TxFlow: 24 payments, −$7.82.
- OK: Entry gap works for you+0.195% vs −0.024%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$237K vs $1.9M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legExtended points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0265%/8h × 21 periods−$55.56
Price spread+0.195% → −0.024% (7d avg)+$21.89
Slippage, 4 orderslive order books−$30.83
Fee Extended bp × 2 orders−$5.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$78.50
Costs to cover0.448%Break-evennever at this rate
Slippage: Extended: live order book, 5 min ago; TxFlow: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended3.5711.6 bp−$1285.7 bp−$857doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.796.3 bp−$619.4 bp−$194191.8 bp−$19.2Kdoesn’t fit
Closing costs about the same again.
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