Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.8366 | −0.0391 | get 0.0195% / 4h | 3h 02m | $6.6M | $12.7M | 75x | Long Binance | |
| SHORT | 1.8370 | +0.0100 | get 0.0013% / 1h | 2m 12s | $95K | $206K | 20x | Short TxFlow5% off |
Price gap+0.020%
Funding gap+0.0491% /8h
Both sides work: funding pays +$15 a day on $10k, and the gap is 0.067% above its 7d average: +$7 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$118+0.0491% /8h now · paid +1.182% over the last 7D
Price+$7spread +0.020% now, avg −0.048% → +0.067% if it goes back
Costs−$660.659% of $10k · taker + slippage, in and out
Result+$59+0.59%+ 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+0.020%
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
/8hRAY on 20 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size11.0 / 15.7 bpAt $10k entering TxFlow costs 15.7 bp, fee and slippage, 1.4× Binance’s.
- Note: Margin at max leverage$133 + $500Binance 75x, TxFlow 20x. 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: +$14.72Long Binance: 6 payments, +$11.72; short TxFlow: 24 payments, +$3.00.
- OK: Entry gap works for you+0.020% vs −0.048%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$95K vs $6.6M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · TxFlow NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0563%/8h × 21 periods+$118.21
Price spread+0.020% → −0.048% (7d avg)+$6.75
Slippage, 4 orderslive order books−$46.90
Fee Binance bp × 2 orders−$10.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k+$59.06
Costs to cover0.659%Break-even3.5 days
Slippage: Binance: live order book, 14 min ago; TxFlow: live order book, 49 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.2711.0 bp−$1130.7 bp−$307265.3 bp−$26.5Kdoesn’t fit
SELL · SHORTTxFlow0.8215.7 bp−$16doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Phoenix