Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2995 | +0.0016 | pay 0.0008% / 4h | 3h 19m | $658K | $602K | 25x | Long Bitget | |
| SHORT | 0.2986 | −0.0314 | pay 0.0039% / 1h | 19m 20s | $175K | $116K | 20x | Short TxFlow5% off |
Price gap−0.301%
Funding gap−0.0330% /8h
Both sides work against this direction now: funding costs $10 a day on $10k and the gap is 0.108% 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−$89−0.0330% /8h now · paid −0.892% over the last 7D
Price−$11spread −0.301% now, avg −0.192% → −0.108% if it goes back
Costs−$610.607% of $10k · taker + slippage, in and out
Result−$161−1.61%+ 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−0.301%
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 size14.9 / 15.8 bpAt $10k entering TxFlow costs 15.8 bp, fee and slippage, 1.1× Bitget’s.
- Note: Margin at max leverage$400 + $500Bitget 25x, 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: −$9.89Long Bitget: 6 payments, −$0.48; short TxFlow: 24 payments, −$9.41.
- Watch: Gap narrower than usual−0.301% vs −0.192%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$175K vs $658K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · TxFlow NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0425%/8h × 21 periods−$89.22
Price spread−0.301% → −0.192% (7d avg)−$10.82
Slippage, 4 orderslive order books−$39.68
Fee Bitget bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$160.72
Costs to cover0.607%Break-evennever at this rate
Slippage: Bitget: live order book, 57 min ago; TxFlow: live order book, 60 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget3.3814.9 bp−$1562.8 bp−$628doesn’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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