Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004976 | +0.0100 | pay 0.0100% / 8h | 6h 12m | $2K | $1.0M | 20x | Long SunX≤10% back | |
| SHORT | 0.000004963 | +0.0129 | get 0.0016% / 1h | 12m 04s | $240K | $718K | 40x | Short TxFlow5% off |
Price gap−0.259%
Funding gap+0.0029% /8h
Funding pays +$1 a day on $10k, but the gap is 0.057% under its 7d average: −$6 if it goes back, about 6.6 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$19+0.0029% /8h now · paid −0.186% over the last 7D
Price−$6spread −0.259% now, avg −0.202% → −0.057% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$24−0.24%+ Points / potential airdropTxFlow: points · farm boardcosts unknown: book too thin at $10k · 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−0.259%
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
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size136.6 / 6.5 bpAt $10k entering SunX costs 136.6 bp, fee and slippage, 21.1× TxFlow’s.
- Note: Margin at max leverage$500 + $250SunX 20x, TxFlow 40x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.87Long SunX: 3 payments, −$3.00; short TxFlow: 24 payments, +$3.87.
- Watch: Gap narrower than usual−0.259% vs −0.202%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$2K vs $240K OISunX 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 legSunX No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0089%/8h × 21 periods−$18.59
Price spread−0.259% → −0.202% (7d avg)−$5.71
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 3 min ago; TxFlow: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX44.74136.6 bp−$137doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.976.5 bp−$619.9 bp−$199doesn’t fitdoesn’t fit
Closing costs about the same again.
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