Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03367 | +0.0340 | pay 0.0170% / 4h | 2h 59m | $119K | $526K | 75x | Long BloFin | |
| SHORT | 0.03362 | +0.0100 | get 0.0013% / 1h | 59m 13s | $12K | $135K | 50x | Short TxFlow5% off |
Price gap−0.149%
Funding gap−0.0240% /8h
Funding costs $7 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0240% /8h now · paid −0.100% over the last 7D
Price−$1spread −0.149% now, avg −0.138% → −0.011% if it goes back
Costs−$990.988% of $10k · taker + slippage, in and out
Result−$110−1.10%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.100% in total, about −0.0047%/8h on average.
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−0.149%
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
/8hKAS on 16 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size15.4 / 26.0 bpAt $10k entering TxFlow costs 26.0 bp, fee and slippage, 1.7× BloFin’s.
- Note: Margin at max leverage$133 + $200BloFin 75x, 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: −$7.20Long BloFin: 6 payments, −$10.20; short TxFlow: 24 payments, +$3.00.
- Note: Gap at its usual level−0.149% vs −0.138%The price leg adds little either way.
- Watch: Short leg is thinner$12K vs $119K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBloFin Limited · TxFlow NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0047%/8h × 21 periods−$9.95
Price spread−0.149% → −0.138% (7d avg)−$1.10
Slippage, 4 orderslive order books−$77.84
Fee BloFin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$109.89
Costs to cover0.988%Break-evennever at this rate
Slippage: BloFin: live order book, 12 min ago; TxFlow: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin3.0015.4 bp−$1542.2 bp−$422doesn’t fitdoesn’t fit
SELL · SHORTTxFlow5.9626.0 bp−$26285.4 bp−$2,854doesn’t fitdoesn’t fit
Closing costs about the same again.