Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.06189 | +0.0096 | pay 0.0012% / 1h | 13m 11s | $21K | $122K | 20x | Long TxFlow5% off | |
| SHORT | 0.06197 | +0.0010 | get 0.0010% / 8h | 4h 13m | $1.5M | $2.4M | — | Short BingX |
Price gap+0.129%
Funding gap−0.0086% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.029% 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+$74−0.0086% /8h now · paid +0.742% over the last 7D
Price−$3spread +0.129% now, avg +0.159% → −0.029% if it goes back
Costs−$500.504% of $10k · taker + slippage, in and out
Result+$21+0.21%+ 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+0.129%
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
/8hMINA on 12 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Large against open interest12.2 / 11.7 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$500 + —TxFlow 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.57Long TxFlow: 24 payments, −$2.87; short BingX: 3 payments, +$0.30.
- Watch: Gap narrower than usual+0.129% vs +0.159%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$21K vs $1.5M 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 · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0353%/8h × 21 periods+$74.15
Price spread+0.129% → +0.159% (7d avg)−$2.93
Slippage, 4 orderslive order books−$31.41
Fee TxFlow bp × 2 orders−$9.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$20.81
Costs to cover0.504%Break-even5.0 days
Slippage: TxFlow: live order book, 5 min ago; BingX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.8112.2 bp−$1250.1 bp−$501doesn’t fitdoesn’t fit
SELL · SHORTBingX0.8111.7 bp−$1235.0 bp−$350300.2 bp−$30.0K425.0 bp−$212.5K
Closing costs about the same again.
