Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.7067 | +0.0100 | pay 0.0050% / 4h | 1h 00m | $37.9M | $50.1M | 75x | Long Binance | |
| SHORT | 2.7053 | +0.0100 | get 0.0013% / 1h | 0m 12s | $1.9M | $1.2M | 50x | Short TxFlow5% off |
Price gap−0.052%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$7 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$40.0000% /8h now · paid +0.044% over the last 7D
Price+$7spread −0.052% now, avg −0.127% → +0.074% if it goes back
Costs−$640.635% of $10k · taker + slippage, in and out
Result−$52−0.52%+ 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−0.052%
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
/8hLIT on 46 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size15.7 / 9.5 bpAt $10k entering Binance costs 15.7 bp, fee and slippage, 1.6× TxFlow’s.
- Note: Margin at max leverage$133 + $200Binance 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: $0.00Long Binance: 6 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- OK: Entry gap works for you−0.052% vs −0.127%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$1.9M vs $37.9M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · TxFlow NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0021%/8h × 21 periods+$4.41
Price spread−0.052% → −0.127% (7d avg)+$7.44
Slippage, 4 orderslive order books−$44.52
Fee Binance bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$51.67
Costs to cover0.635%Break-even89.0 days
Slippage: Binance: live order book, 6 min ago; TxFlow: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.1915.7 bp−$1646.5 bp−$465doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.199.5 bp−$1099.7 bp−$997doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-30 14:20 | Derive | Listing | LIT is now live as collateral on Derive 🕯️ Deposit LIT and put it to work without selling it: • Margin LIT options and LIT-PERP • Sell covered calls against your LIT • Use it as cross-margin for BTC, ETH, HYPE and alts Keep your exposure to @Lighter_xyz while making your holdings productive. @DeriveXYZ on X ↗ |
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