Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3064 | +0.0100 | pay 0.0050% / 4h | 1h 42m | $1.6M | $1.8M | 20x | Long OKX | |
| SHORT | 0.3058 | −0.0175 | pay 0.0022% / 1h | 42m 07s | $179K | $117K | 20x | Short TxFlow5% off |
Price gap−0.196%
Funding gap−0.0275% /8h
Funding costs $8 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$105−0.0275% /8h now · paid −1.048% over the last 7D
Price+$1spread −0.196% now, avg −0.205% → +0.009% if it goes back
Costs−$610.614% of $10k · taker + slippage, in and out
Result−$165−1.65%+ 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−0.196%
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 size18.0 / 15.4 bpAt $10k entering OKX costs 18.0 bp, fee and slippage, 1.2× TxFlow’s.
- Note: Margin at max leverage$500 + $500OKX 20x, 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: −$8.24Long OKX: 6 payments, −$3.00; short TxFlow: 24 payments, −$5.24.
- Note: Gap at its usual level−0.196% vs −0.205%The price leg adds little either way.
- Watch: Short leg is thinner$179K vs $1.6M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCOKX Yes · TxFlow NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0499%/8h × 21 periods−$104.75
Price spread−0.196% → −0.205% (7d avg)+$0.90
Slippage, 4 orderslive order books−$42.42
Fee OKX bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$165.27
Costs to cover0.614%Break-evennever at this rate
Slippage: OKX: live order book, 5 min ago; TxFlow: live order book, 62 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX1.6418.0 bp−$1899.6 bp−$996doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.6215.4 bp−$1573.3 bp−$733doesn’t fitdoesn’t fit
Closing costs about the same again.
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