Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02131 | −0.0372 | get 0.0047% / 1h | 56m 13s | $10K | $131K | 5x | Long Phoenix | |
| SHORT | 0.02121 | −0.0436 | pay 0.0054% / 1h | 56m 13s | $135K | $113K | 75x | Short TxFlow5% off |
Price gap−0.460%59s
Funding gap−0.0063% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.460% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0063% /8h now · paid −0.204% over the last 7D
Price—spread −0.460%59s now · prices read too far apart to compare
Costs−$640.638% of $10k · taker + slippage, in and out
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−0.460%
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
/8hMON on 38 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size20.3 / 9.6 bpAt $10k entering Phoenix costs 20.3 bp, fee and slippage, 2.1× TxFlow’s.
- Note: Margin at max leverage$2,000 + $133Phoenix 5x, TxFlow 75x. 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: −$1.90Long Phoenix: 24 payments, +$11.17; short TxFlow: 24 payments, −$13.07.
- Watch: Prices read 59 s apart−0.460% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$10K vs $135K OIPhoenix 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 legPhoenix No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0097%/8h × 21 periods−$20.35
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$47.75
Fee Phoenix bp × 2 orders−$7.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$84.11
price spread not counted: prices read too far apartCosts to cover0.638%Break-evennever at this rate
Slippage: Phoenix: live order book, 56 min ago; TxFlow: live order book, 48 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix2.8020.3 bp−$2066.3 bp−$663doesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.339.6 bp−$1042.6 bp−$426397.0 bp−$39.7Kdoesn’t fit
Closing costs about the same again.
| 10-13 17:34 | Bulk | Other | gmonad Trade $MON from @monad with up to 10x leverage now on @bulktrade on X ↗ |
| 10-13 15:16 | Bulk | Listing | new market MON-USD ($MON) seen by our collector |
| 10-08 13:37 | RISEx | Listing | New stock and crypto listings this week: $SOXL $MON $WLD All live at 10x leverage @risextrade on X ↗ |
| 10-08 13:37 | RISEx | Other | Trade now $SOXL: $MON: $WLD: @risextrade on X ↗ |
| 10-08 07:42 | RISEx | Listing | new market MON/USDC ($MON) seen by our collector |
| 10-06 08:33 | ApeX Omni | Other | 21 up, 65 down on the ApeX board, median -1.7%. A proper red day. filecoin:native +12.2% is the exception. @protocollabs and Foundation vesting ends this month, which Filecoin estimates cuts gross issuance about 75%. @monad $MON -11.8% is the worst. @OfficialApeXdex on X ↗ |

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