Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.004206 | +0.0100 | pay 0.0050% / 4h | 53m 59s | $30.1M | $10.7M | 50x | Long KuCoin | |
| SHORT | 0.004193 | +0.0032 | get 0.0004% / 1h | 53m 59s | $712K | $1.1M | 55x | Short TxFlow5% off |
Price gap−0.309%48s
Funding gap−0.0068% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.117% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$21−0.0068% /8h now · paid −0.206% over the last 7D
Price—spread −0.309%48s now · prices read too far apart to compare
Costs−$530.531% of $10k · taker + slippage, in and out
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−0.309%
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
/8hPUMP on 48 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size17.5 / 5.7 bpAt $10k entering KuCoin costs 17.5 bp, fee and slippage, 3.1× TxFlow’s.
- Note: Margin at max leverage$200 + $182KuCoin 50x, TxFlow 55x. 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: −$2.03Long KuCoin: 6 payments, −$3.00; short TxFlow: 24 payments, +$0.97.
- Watch: Prices read 48 s apart−0.309% vs −0.192%Part of this gap may be the market moving.
- Watch: Short leg is thinner$712K vs $30.1M 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−0.0098%/8h × 21 periods−$20.64
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$32.10
Fee KuCoin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$73.74
price spread not counted: prices read too far apartCosts to cover0.531%Break-evennever at this rate
Slippage: KuCoin: live order book, 4 min ago; TxFlow: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin1.1917.5 bp−$1726.6 bp−$26653.9 bp−$5,387doesn’t fit
SELL · SHORTTxFlow1.195.7 bp−$614.6 bp−$14654.0 bp−$5,395doesn’t fit
Closing costs about the same again.
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