Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2980 | −0.0327 | get 0.0041% / 1h | 50m 50s | $175K | $114K | 20x | Long TxFlow5% off | |
| SHORT | 0.2985 | −0.0207 | pay 0.0103% / 4h | 1h 50m | $4.5M | $1.5M | 25x | Short Bybit |
Price gap+0.174%
Funding gap+0.0120% /8h
Funding pays +$4 a day on $10k, but the gap is 0.023% under its 7d average: −$2 if it goes back, about 16 hours of funding. At the last 7 days' pace that is about 7 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$60+0.0120% /8h now · paid +0.600% over the last 7D
Price−$2spread +0.174% now, avg +0.198% → −0.023% if it goes back
Costs−$890.889% of $10k · taker + slippage, in and out
Result−$31−0.31%+ 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+0.174%
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 size13.1 / 36.5 bpAt $10k entering Bybit costs 36.5 bp, fee and slippage, 2.8× TxFlow’s.
- Note: Margin at max leverage$500 + $400TxFlow 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$3.61Long TxFlow: 24 payments, +$9.81; short Bybit: 6 payments, −$6.20.
- Watch: Gap narrower than usual+0.174% vs +0.198%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$175K vs $4.5M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0286%/8h × 21 periods+$59.97
Price spread+0.174% → +0.198% (7d avg)−$2.34
Slippage, 4 orderslive order books−$68.89
Fee TxFlow bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$31.26
Costs to cover0.889%Break-even10.6 days
Slippage: TxFlow: live order book, 18 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.6713.1 bp−$13100.2 bp−$1,002doesn’t fitdoesn’t fit
SELL · SHORTBybit1.6736.5 bp−$37169.3 bp−$1,693doesn’t fitdoesn’t fit
Closing costs about the same again.
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