Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004424 | −0.0084 | get 0.0010% / 1h | 15m 44s | $64K | $285K | 40x | Long TxFlow5% off | |
| SHORT | 0.000004433 | −0.0123 | pay 0.0123% / 8h | 15m 44s | $84.8M | $252.3M | 75x | Short Binance |
Price gap+0.197%
Funding gap−0.0039% /8h
The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 47 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$23−0.0039% /8h now · paid +0.233% over the last 7D
Price+$2spread +0.197% now, avg +0.174% → +0.023% if it goes back
Costs−$330.333% of $10k · taker + slippage, in and out
Result−$8−0.08%+ Points / potential airdropTxFlow: 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+0.197%
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: Large against open interest11.0 / 7.3 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$250 + $133TxFlow 40x, Binance 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: −$1.17Long TxFlow: 24 payments, +$2.51; short Binance: 3 payments, −$3.68.
- OK: Entry gap works for you+0.197% vs +0.174%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$64K vs $84.8M 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 · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0111%/8h × 21 periods+$23.35
Price spread+0.197% → +0.174% (7d avg)+$2.30
Slippage, 4 orderslive order books−$14.34
Fee TxFlow bp × 2 orders−$9.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$7.69
Costs to cover0.333%Break-even9.3 days
Slippage: TxFlow: live order book, 17 min ago; Binance: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow4.5211.0 bp−$1115.4 bp−$154131.4 bp−$13.1Kdoesn’t fit
SELL · SHORTBinance0.117.3 bp−$711.8 bp−$11837.7 bp−$3,769doesn’t fit
Closing costs about the same again.
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