Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2959 | −0.0029 | get 0.0015% / 4h | 12m 50s | $4.3M | $6.6M | 50x | Long Binance | |
| SHORT | 0.2958 | −0.0309 | pay 0.0039% / 1h | 12m 50s | $173K | $112K | 20x | Short TxFlow5% off |
Price gap−0.034%52s
Funding gap−0.0280% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 33 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$74−0.0280% /8h now · paid −0.736% over the last 7D
Price—spread −0.034%52s now · prices read too far apart to compare
Costs−$560.559% 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−0.034%
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
1 ok · 5 to watch- Watch: Thin at this size13.4 / 15.8 bpAt $10k entering TxFlow costs 15.8 bp, fee and slippage, 1.2× Binance’s.
- Note: Margin at max leverage$200 + $500Binance 50x, TxFlow 20x. 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: −$8.40Long Binance: 6 payments, +$0.88; short TxFlow: 24 payments, −$9.28.
- Watch: Prices read 52 s apart−0.034% vs −0.148%Part of this gap may be the market moving.
- Watch: Short leg is thinner$173K vs $4.3M 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−0.0350%/8h × 21 periods−$73.60
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$36.95
Fee Binance bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$129.54
price spread not counted: prices read too far apartCosts to cover0.559%Break-evennever at this rate
Slippage: Binance: live order book, 6 min ago; TxFlow: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.6913.4 bp−$1369.3 bp−$693doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.7015.8 bp−$1658.8 bp−$588doesn’t fitdoesn’t fit
Closing costs about the same again.
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