Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.8349 | +0.0100 | pay 0.0013% / 1h | 51m 54s | $93K | $176K | 20x | Long TxFlow5% off | |
| SHORT | 1.8385 | +0.0100 | get 0.0050% / 4h | 2h 51m | $2.1M | $340K | 50x | Short KuCoin |
Price gap+0.196%48s
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−$500.0000% /8h now · paid −0.505% over the last 7D
Price—spread +0.196%48s now · prices read too far apart to compare
Costs−$950.947% 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+0.196%
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 · 5 to watch- Watch: Thin at this size25.0 / 24.0 bpAt $10k entering TxFlow costs 25.0 bp, fee and slippage, 1.0× KuCoin’s.
- Note: Margin at max leverage$500 + $200TxFlow 20x, KuCoin 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long TxFlow: 24 payments, −$3.00; short KuCoin: 6 payments, +$3.00.
- Watch: Prices read 48 s apart+0.196% vs +0.105%Part of this gap may be the market moving.
- Watch: Long leg is thinner$93K vs $2.1M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · KuCoin YesStandard 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−0.0240%/8h × 21 periods−$50.48
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$73.68
Fee TxFlow bp × 2 orders−$9.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$145.15
price spread not counted: prices read too far apartCosts to cover0.947%Break-evennever at this rate
Slippage: TxFlow: live order book, 58 min ago; KuCoin: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.3725.0 bp−$25doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTKuCoin4.0724.0 bp−$24298.6 bp−$2,986doesn’t fitdoesn’t fit
Closing costs about the same again.
Phoenix