Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.8289 | −0.1160 | get 0.0580% / 4h | 2h 20m | $6.0M | $2.2M | 25x | Long Bybit | |
| SHORT | 1.8279 | +0.0100 | get 0.0013% / 1h | 20m 29s | $91K | $191K | 20x | Short TxFlow5% off |
Price gap−0.055%
Funding gap+0.1260% /8h
Funding trade: +$38 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$85+0.1260% /8h now · paid +0.848% over the last 7D
Price+$2spread −0.055% now, avg −0.074% → +0.020% if it goes back
Costs−$900.904% of $10k · taker + slippage, in and out
Result−$4−0.04%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.848% in total, about +0.0404%/8h on average.
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−0.055%
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
1 ok · 4 to watch- Watch: Thin at this size17.1 / 24.3 bpAt $10k entering TxFlow costs 24.3 bp, fee and slippage, 1.4× Bybit’s.
- Note: Margin at max leverage$400 + $500Bybit 25x, 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: +$37.81Long Bybit: 6 payments, +$34.81; short TxFlow: 24 payments, +$3.00.
- Note: Gap at its usual level−0.055% vs −0.074%The price leg adds little either way.
- Watch: Short leg is thinner$91K vs $6.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · TxFlow NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0404%/8h × 21 periods+$84.81
Price spread−0.055% → −0.074% (7d avg)+$1.98
Slippage, 4 orderslive order books−$70.40
Fee Bybit bp × 2 orders−$11.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$3.62
Costs to cover0.904%Break-even7.3 days
Slippage: Bybit: live order book, 2 min ago; TxFlow: live order book, 34 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.3717.1 bp−$1747.9 bp−$479doesn’t fitdoesn’t fit
SELL · SHORTTxFlow3.0124.3 bp−$24doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Phoenix