Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2454 | +0.0042 | pay 0.0021% / 4h | 2h 59m | $1.3M | $6.1M | 10x | Long GRVT | |
| SHORT | 0.2453 | −0.0122 | pay 0.0015% / 1h | 59m 27s | $428K | $237K | 50x | Short TxFlow5% off |
Price gap−0.049%
Funding gap−0.0164% /8h
The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 47 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$53−0.0164% /8h now · paid −0.528% over the last 7D
Price+$10spread −0.049% now, avg −0.147% → +0.097% if it goes back
Costs−$610.607% of $10k · taker + slippage, in and out
Result−$104−1.04%+ Points / potential airdropGRVT: 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−0.049%
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 34 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books12.9 / 12.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200GRVT 10x, TxFlow 50x. 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: −$4.93Long GRVT: 6 payments, −$1.26; short TxFlow: 24 payments, −$3.67.
- OK: Entry gap works for you−0.049% vs −0.147%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$428K vs $1.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legGRVT No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0251%/8h × 21 periods−$52.78
Price spread−0.049% → −0.147% (7d avg)+$9.73
Slippage, 4 orderslive order books−$42.66
Fee GRVT bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$103.72
Costs to cover0.607%Break-evennever at this rate
Slippage: GRVT: live order book, 3 min ago; TxFlow: live order book, 27 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT2.0412.9 bp−$1335.8 bp−$358doesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.0812.3 bp−$1248.1 bp−$481doesn’t fitdoesn’t fit
Closing costs about the same again.
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