Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.08943 | +0.0100 | pay 0.0050% / 4h | 2h 21m | $253K | $33K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.08955 | −0.0094 | pay 0.0012% / 1h | 21m 42s | $149K | $139K | 50x | Short TxFlow5% off |
Price gap+0.131%
Funding gap−0.0194% /8h
The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 2.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$34−0.0194% /8h now · paid −0.344% over the last 7D
Price+$12spread +0.131% now, avg +0.013% → +0.117% if it goes back
Costs−$580.575% of $10k · taker + slippage, in and out
Result−$80−0.80%+ Points / potential airdropVariational Omni: 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+0.131%
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 size19.6 / 8.9 bpAt $10k entering Variational Omni costs 19.6 bp, fee and slippage, 2.2× TxFlow’s.
- Note: Margin at max leverage$200 + $200Variational Omni 50x, 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: −$5.82Long Variational Omni: 6 payments, −$3.00; short TxFlow: 24 payments, −$2.82.
- OK: Entry gap works for you+0.131% vs +0.013%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$149K vs $253K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0164%/8h × 21 periods−$34.38
Price spread+0.131% → +0.013% (7d avg)+$11.73
Slippage, 4 orderslive order books−$48.51
Fee Variational Omni bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$80.16
Costs to cover0.575%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 3 min ago; TxFlow: live order book, 64 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.9119.6 bp−$2033.0 bp−$330doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.138.9 bp−$931.1 bp−$311280.1 bp−$28.0Kdoesn’t fit
Closing costs about the same again.
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