Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2326 | +0.0100 | pay 0.0050% / 4h | 57m 08s | $1.3M | $1.0M | 20x | Long KuCoin | |
| SHORT | 0.2325 | +0.0100 | get 0.0013% / 1h | 57m 08s | $355K | $825K | 10x | Short TxFlow5% off |
Price gap−0.052%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$9 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20.0000% /8h now · paid −0.016% over the last 7D
Price+$9spread −0.052% now, avg −0.139% → +0.088% if it goes back
Costs−$1111.114% of $10k · taker + slippage, in and out
Result−$104−1.04%+ 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−0.052%
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
/8hPONS on 35 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size42.3 / 10.2 bpAt $10k entering KuCoin costs 42.3 bp, fee and slippage, 4.2× TxFlow’s.
- Note: Margin at max leverage$500 + $1,000KuCoin 20x, TxFlow 10x. 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: $0.00Long KuCoin: 6 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- OK: Entry gap works for you−0.052% vs −0.139%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$355K vs $1.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · TxFlow NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0008%/8h × 21 periods−$1.64
Price spread−0.052% → −0.139% (7d avg)+$8.75
Slippage, 4 orderslive order books−$90.38
Fee KuCoin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$104.27
Costs to cover1.114%Break-evennever at this rate
Slippage: KuCoin: live order book, 7 min ago; TxFlow: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin14.9142.3 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.0910.2 bp−$1084.4 bp−$844doesn’t fitdoesn’t fit
Closing costs about the same again.
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