Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02137 | −0.0202 | get 0.0025% / 1h | 53m 05s | $135K | $108K | 75x | Long TxFlow5% off | |
| SHORT | 0.02142 | −0.0372 | pay 0.0047% / 1h | 53m 05s | $10K | $129K | 5x | Short Phoenix |
Price gap+0.211%
Funding gap−0.0170% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.021% 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+$20−0.0170% /8h now · paid +0.204% over the last 7D
Price−$2spread +0.211% now, avg +0.232% → −0.021% if it goes back
Costsno datano order book for Phoenix
Result, before costs+$18+0.18%+ Points / potential airdropTxFlow: points · farm boardcosts unknown: no order book for Phoenix · What 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+0.211%
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 · 2 to watch- Note: Order book unknown—No order-book sample for Phoenix: its slippage is not counted.
- Note: Margin at max leverage$133 + $2,000TxFlow 75x, Phoenix 5x. 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: −$5.11Long TxFlow: 24 payments, +$6.06; short Phoenix: 24 payments, −$11.17.
- Watch: Gap narrower than usual+0.211% vs +0.232%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short 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 legTxFlow No · Phoenix 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 spread+0.211% → +0.232% (7d avg)−$2.09
Slippage, 4 ordersno data for Phoenix—
Fee TxFlow bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k+$2.26
Costs to cover0.160%Break-even6.2 days
Slippage: TxFlow: live order book, 56 min ago; Phoenix: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.3214.6 bp−$1553.8 bp−$538431.1 bp−$43.1Kdoesn’t fit
SELL · SHORTPhoenix—————
Closing costs about the same again.
Phoenix: no data.
| 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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