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 | −0.0216 | pay 0.0027% / 1h | 50m 50s | $3.4M | $292K | 3x | Short Hyperliquid4% off |
Price gap+0.178%
Funding gap+0.0111% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.025% above its 7d average: +$2 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$60+0.0111% /8h now · paid +0.602% over the last 7D
Price+$2spread +0.178% now, avg +0.153% → +0.025% if it goes back
Costs−$540.543% of $10k · taker + slippage, in and out
Result+$8+0.08%+ Points / potential airdropTxFlow: points · Hyperliquid: Season 2 · 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+0.178%
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
5 ok · 1 to watch- OK: Fits both order books13.1 / 14.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $3,333TxFlow 20x, Hyperliquid 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$3.32Long TxFlow: 24 payments, +$9.81; short Hyperliquid: 24 payments, −$6.48.
- OK: Entry gap works for you+0.178% vs +0.153%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$175K vs $3.4M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Hyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0287%/8h × 21 periods+$60.23
Price spread+0.178% → +0.153% (7d avg)+$2.49
Slippage, 4 orderslive order books−$36.31
Fee TxFlow bp × 2 orders−$9.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k+$8.41
Costs to cover0.543%Break-even6.0 days
Slippage: TxFlow: live order book, 18 min ago; Hyperliquid: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.6713.1 bp−$13100.2 bp−$1,002doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid2.0114.6 bp−$1580.3 bp−$803doesn’t fitdoesn’t fit
Closing costs about the same again.
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