Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3077 | −0.0175 | get 0.0022% / 1h | 25m 12s | $180K | $118K | 20x | Long TxFlow5% off | |
| SHORT | 0.3081 | +0.0100 | get 0.0050% / 4h | 2h 25m | $1.7M | $1.8M | 20x | Short OKX |
Price gap+0.130%
Funding gap+0.0275% /8h
Funding pays +$8 a day on $10k, but the gap is 0.075% under its 7d average: −$8 if it goes back, about 22 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$105+0.0275% /8h now · paid +1.050% over the last 7D
Price−$8spread +0.130% now, avg +0.205% → −0.075% if it goes back
Costs−$620.619% of $10k · taker + slippage, in and out
Result+$36+0.36%+ 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+0.130%
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 size12.6 / 17.1 bpAt $10k entering OKX costs 17.1 bp, fee and slippage, 1.4× TxFlow’s.
- Note: Margin at max leverage$500 + $500TxFlow 20x, OKX 20x. 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: +$8.24Long TxFlow: 24 payments, +$5.24; short OKX: 6 payments, +$3.00.
- Watch: Gap narrower than usual+0.130% vs +0.205%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$180K vs $1.7M 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 · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0500%/8h × 21 periods+$105.05
Price spread+0.130% → +0.205% (7d avg)−$7.53
Slippage, 4 orderslive order books−$42.85
Fee TxFlow bp × 2 orders−$9.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k+$35.67
Costs to cover0.619%Break-even4.6 days
Slippage: TxFlow: live order book, 19 min ago; OKX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.6212.6 bp−$1395.8 bp−$958doesn’t fitdoesn’t fit
SELL · SHORTOKX1.6217.1 bp−$17107.3 bp−$1,073doesn’t fitdoesn’t fit
Closing costs about the same again.
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