Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.006434 | −0.0033 | get 0.0017% / 4h | 1h 43m | $50.0M | $299.2M | 50x | Long OKX | |
| SHORT | 0.006427 | −0.0127 | pay 0.0016% / 1h | 43m 19s | $1.2M | $1.6M | 55x | Short TxFlow5% off |
Price gap−0.109%
Funding gap−0.0094% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.253% 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−$1−0.0094% /8h now · paid −0.007% over the last 5 hours (all we have)
Price−$25spread −0.109% now, avg +0.144% → −0.253% if it goes back
Costs−$260.262% of $10k · taker + slippage, in and out
Result−$52−0.52%+ 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−0.109%
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 43 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books8.5 / 5.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $182OKX 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: −$2.81Long OKX: 6 payments, +$1.00; short TxFlow: 24 payments, −$3.81.
- Watch: Gap narrower than usual−0.109% vs +0.144%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$1.2M vs $50.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCOKX Yes · TxFlow NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0099%/8h × 21 periods−$20.87
Price spread−0.109% → +0.144% (7d avg)−$25.27
Slippage, 4 orderslive order books−$7.24
Fee OKX bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$72.39
Costs to cover0.262%Break-evennever at this rate
Slippage: OKX: live order book, 1 min ago; TxFlow: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX0.788.5 bp−$819.3 bp−$19376.0 bp−$7,600doesn’t fit
SELL · SHORTTxFlow0.785.4 bp−$58.2 bp−$8240.2 bp−$4,024213.5 bp−$106.8K
Closing costs about the same again.
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