Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0840 | +0.0100 | pay 0.0013% / 1h | 59m 15s | $124K | $53K | 25x | Long TxFlow5% off | |
| SHORT | 2.0870 | +0.0100 | get 0.0013% / 1h | 59m 15s | $409K | $46K | 5x | Short Hyperliquid4% off |
Price gap+0.144%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.037% under its 7d average: the price leg works against you, −$4 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1090.0000% /8h now · paid +1.094% over the last 7D
Price−$4spread +0.144% now, avg +0.181% → −0.037% if it goes back
Costs−$840.840% of $10k · taker + slippage, in and out
Result+$22+0.22%+ Points / potential airdropTxFlow: points · Hyperliquid: Season 2 · 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+0.144%
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
/8hNEO on 12 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size11.1 / 28.0 bpAt $10k entering Hyperliquid costs 28.0 bp, fee and slippage, 2.5× TxFlow’s.
- Note: Margin at max leverage$400 + $2,000TxFlow 25x, Hyperliquid 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: $0.00Long TxFlow: 24 payments, −$3.00; short Hyperliquid: 24 payments, +$3.00.
- Watch: Gap narrower than usual+0.144% vs +0.181%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$124K vs $409K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Hyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0521%/8h × 21 periods+$109.42
Price spread+0.144% → +0.181% (7d avg)−$3.70
Slippage, 4 orderslive order books−$65.98
Fee TxFlow bp × 2 orders−$9.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k+$21.74
Costs to cover0.840%Break-even5.6 days
Slippage: TxFlow: live order book, 54 min ago; Hyperliquid: live order book, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.4111.1 bp−$1141.1 bp−$411doesn’t fitdoesn’t fit
SELL · SHORTHyperliquid2.6528.0 bp−$28doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
MEXC