Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,187 | +0.0002 | 0.0000% / 1h | 59m 17s | $1.0M | $328K | 10x | Long Pacifica10% back | |
| SHORT | 4,186.1 | +0.0100 | get 0.0013% / 1h | 59m 17s | $848K | $2.0M | 20x | Short Bulk |
Price gap−0.021%
Funding gap+0.0098% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.037% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0098% /8h now · paid +0.061% over the last 7D
Price+$4spread −0.021% now, avg −0.058% → +0.037% if it goes back
Costs−$210.208% of $10k · taker + slippage, in and out
Result−$11−0.11%+ Points / potential airdropPacifica: 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−0.021%
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
/8hPAXG on 28 exchanges
lowest funding firstBefore you open
5 ok · 1 to watch- OK: Fits both order books5.6 / 4.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500Pacifica 10x, Bulk 20x. 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: +$2.93Long Pacifica: 24 payments, −$0.07; short Bulk: 24 payments, +$3.00.
- OK: Entry gap works for you−0.021% vs −0.058%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$848K vs $1.0M OIBulk sets your exit cost. Check its book before closing.
- OK: Points on a legPacifica pointsVolume here counts toward the points program.
- OK: No KYC on either legPacifica No · Bulk NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0030%/8h × 21 periods+$6.26
Price spread−0.021% → −0.058% (7d avg)+$3.70
Slippage, 4 orderslive order books−$5.76
Fee Pacifica bp × 2 orders−$8.00
Fee Bulk bp × 2 orders−$7.00
Net · 7 days · $10k−$10.80
Costs to cover0.208%Break-even19.1 days
Slippage: Pacifica: live order book, 1 min ago; Bulk: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPacifica0.125.6 bp−$638.1 bp−$381doesn’t fitdoesn’t fit
SELL · SHORTBulk0.004.5 bp−$46.9 bp−$69doesn’t fitdoesn’t fit
Closing costs about the same again.
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