Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.7300 | −0.0003 | 0.0000% / 1h | 4m 43s | $1.8M | $1.7M | 50x | Long TxFlow5% off | |
| SHORT | 4.7370 | +0.0100 | get 0.0100% / 8h | 4h 04m | $68.0M | $23.5M | 75x | Short KuCoin |
Price gap+0.148%48s
Funding gap+0.0103% /8h
Funding pays +$3 a day on $10k, but the gap is 0.030% under its 7d average: −$3 if it goes back, about 24 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21+0.0103% /8h now · paid +0.212% over the last 7D
Price—spread +0.148%48s now · prices read too far apart to compare
Costs−$440.443% 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+0.148%
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
/8hNEAR on 50 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size5.6 / 15.3 bpAt $10k entering KuCoin costs 15.3 bp, fee and slippage, 2.7× TxFlow’s.
- Note: Margin at max leverage$200 + $133TxFlow 50x, KuCoin 75x. 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: +$3.09Long TxFlow: 24 payments, +$0.09; short KuCoin: 3 payments, +$3.00.
- Watch: Prices read 48 s apart+0.148% vs +0.178%Part of this gap may be the market moving.
- Watch: Long leg is thinner$1.8M vs $68.0M 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 · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0101%/8h × 21 periods+$21.25
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$23.27
Fee TxFlow bp × 2 orders−$9.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$23.03
price spread not counted: prices read too far apartCosts to cover0.443%Break-even14.6 days
Slippage: TxFlow: live order book, 3 min ago; KuCoin: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.065.6 bp−$68.6 bp−$8622.6 bp−$2,26484.9 bp−$42.4K
SELL · SHORTKuCoin2.1215.3 bp−$1529.7 bp−$29783.3 bp−$8,330doesn’t fit
Closing costs about the same again.
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