Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3047 | −0.0362 | get 0.0181% / 4h | 5m 26s | $275K | $52K | 50x | Long BloFin | |
| SHORT | 0.3043 | −0.0336 | pay 0.0042% / 1h | 5m 26s | $184K | $118K | 20x | Short TxFlow5% off |
Price gap−0.131%
Funding gap+0.0026% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$88+0.0026% /8h now · paid −0.883% over the last 7D
Price−$1spread −0.131% now, avg −0.122% → −0.009% if it goes back
Costs−$560.557% of $10k · taker + slippage, in and out
Result−$145−1.45%+ 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−0.131%
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 · 4 to watch- Watch: Thin at this size17.2 / 9.3 bpAt $10k entering BloFin costs 17.2 bp, fee and slippage, 1.9× TxFlow’s.
- Note: Margin at max leverage$200 + $500BloFin 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: +$0.77Long BloFin: 6 payments, +$10.85; short TxFlow: 24 payments, −$10.08.
- Note: Gap at its usual level−0.131% vs −0.122%The price leg adds little either way.
- Watch: Short leg is thinner$184K vs $275K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBloFin Limited · TxFlow NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0420%/8h × 21 periods−$88.26
Price spread−0.131% → −0.122% (7d avg)−$0.92
Slippage, 4 orderslive order books−$34.71
Fee BloFin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$144.89
Costs to cover0.557%Break-evennever at this rate
Slippage: BloFin: live order book, 26 min ago; TxFlow: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin1.6417.2 bp−$1739.4 bp−$394doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.649.3 bp−$940.9 bp−$409doesn’t fitdoesn’t fit
Closing costs about the same again.
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