Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3004 | +0.0100 | pay 0.0013% / 1h | 48m 29s | $15K | $101K | 50x | Long ApeX Omni5% off | |
| SHORT | 0.2996 | −0.0327 | pay 0.0041% / 1h | 48m 29s | $175K | $103K | 20x | Short TxFlow5% off |
Price gap−0.266%60s
Funding gap−0.0427% /8h
Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.192% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$123−0.0427% /8h now · paid −1.232% over the last 7D
Price—spread −0.266%60s now · prices read too far apart to compare
Costs−$6026.020% of $10k · taker + slippage, in and out
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−0.266%
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
/8hMET on 21 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size296.0 / 11.0 bpAt $10k entering ApeX Omni costs 296.0 bp, fee and slippage, 26.9× TxFlow’s.
- Note: Margin at max leverage$200 + $500ApeX Omni 50x, TxFlow 20x. 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: −$12.81Long ApeX Omni: 24 payments, −$3.00; short TxFlow: 24 payments, −$9.81.
- Watch: Prices read 60 s apart−0.266% vs −0.074%Part of this gap may be the market moving.
- Watch: Long leg is thinner$15K vs $175K 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−0.0586%/8h × 21 periods−$123.15
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$583.04
Fee ApeX Omni bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$725.19
price spread not counted: prices read too far apartCosts to cover6.020%Break-evennever at this rate
Slippage: ApeX Omni: live order book, 10 min ago; TxFlow: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGApeX Omni34.95296.0 bp−$296doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.3411.0 bp−$1174.2 bp−$742doesn’t fitdoesn’t fit
Closing costs about the same again.
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