Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.08586 | +0.0058 | pay 0.0029% / 4h | 2h 59m | $760K | $3.4M | 10x | Long GRVT | |
| SHORT | 0.08596 | −0.0021 | pay 0.0003% / 1h | 59m 23s | $160K | $153K | 50x | Short TxFlow5% off |
Price gap+0.116%
Funding gap−0.0079% /8h
The gap pays +$23 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 9.7 days. At the last 7 days' pace that is about 4.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$35−0.0079% /8h now · paid −0.353% over the last 7D
Price+$23spread +0.116% now, avg −0.113% → +0.229% if it goes back
Costs−$620.624% of $10k · taker + slippage, in and out
Result−$75−0.75%+ Points / potential airdropGRVT: points · TxFlow: 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+0.116%
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
/8hPOL on 27 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size20.1 / 10.3 bpAt $10k entering GRVT costs 20.1 bp, fee and slippage, 2.0× TxFlow’s.
- Note: Margin at max leverage$1,000 + $200GRVT 10x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.36Long GRVT: 6 payments, −$1.74; short TxFlow: 24 payments, −$0.62.
- OK: Entry gap works for you+0.116% vs −0.113%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$160K vs $760K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legGRVT No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0168%/8h × 21 periods−$35.26
Price spread+0.116% → −0.113% (7d avg)+$22.91
Slippage, 4 orderslive order books−$44.37
Fee GRVT bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$74.72
Costs to cover0.624%Break-evennever at this rate
Slippage: GRVT: live order book, 3 min ago; TxFlow: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT2.9120.1 bp−$201790.4 bp−$17.9Kdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.5910.3 bp−$1055.7 bp−$557doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-29 01:05 | MEXC | Listing | POL_USDC no longer reported ($POL) seen by our collector |
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