Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3094 | +0.0100 | pay 0.0050% / 4h | 0m 14s | $904K | $2.3M | — | Long BingX | |
| SHORT | 0.3086 | −0.0320 | pay 0.0040% / 1h | 0m 14s | $180K | $119K | 20x | Short TxFlow5% off |
Price gap−0.259%
Funding gap−0.0420% /8h
Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.090% 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−$115−0.0420% /8h now · paid −1.150% over the last 7D
Price−$9spread −0.259% now, avg −0.169% → −0.090% if it goes back
Costs−$670.668% of $10k · taker + slippage, in and out
Result−$191−1.91%+ 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−0.259%
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 size16.6 / 13.0 bpAt $10k entering BingX costs 16.6 bp, fee and slippage, 1.3× TxFlow’s.
- Note: Margin at max leverage— + $500BingX —, 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: −$12.60Long BingX: 6 payments, −$3.00; short TxFlow: 24 payments, −$9.60.
- Watch: Gap narrower than usual−0.259% vs −0.169%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$180K vs $904K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · TxFlow NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0548%/8h × 21 periods−$115.03
Price spread−0.259% → −0.169% (7d avg)−$8.98
Slippage, 4 orderslive order books−$47.78
Fee BingX bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$190.80
Costs to cover0.668%Break-evennever at this rate
Slippage: BingX: live order book, 19 min ago; TxFlow: live order book, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX4.8416.6 bp−$1761.2 bp−$612doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.6313.0 bp−$1370.3 bp−$703doesn’t fitdoesn’t fit
Closing costs about the same again.
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