Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2696 | +0.0100 | pay 0.0050% / 4h | 2h 59m | $2K | $1.5M | 20x | Long SunX≤10% back | |
| SHORT | 0.2687 | −0.0061 | pay 0.0008% / 1h | 59m 21s | $101K | $159K | 20x | Short TxFlow5% off |
Price gap−0.334%
Funding gap−0.0161% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.087% 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−$95−0.0161% /8h now · paid −0.949% over the last 7D
Price−$9spread −0.334% now, avg −0.246% → −0.087% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$104−1.04%+ Points / potential airdropTxFlow: points · farm boardcosts unknown: book too thin at $10k · What 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−0.334%
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
2 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$500 + $500SunX 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: −$4.84Long SunX: 6 payments, −$3.00; short TxFlow: 24 payments, −$1.84.
- Watch: Gap narrower than usual−0.334% vs −0.246%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$2K vs $101K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legSunX No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0452%/8h × 21 periods−$94.90
Price spread−0.334% → −0.246% (7d avg)−$8.75
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 10 min ago; TxFlow: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX501.96doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.8912.0 bp−$1276.6 bp−$766doesn’t fitdoesn’t fit
Closing costs about the same again.
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