Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7802 | +0.0100 | pay 0.0013% / 1h | 42m 20s | $88K | $203K | 20x | Long TxFlow5% off | |
| SHORT | 1.7839 | −0.0064 | pay 0.0032% / 4h | 2h 42m | $2.5M | $952K | 100x | Short MEXC |
Price gap+0.208%
Funding gap−0.0164% /8h
The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 2.6 days. At the last 7 days' pace that is about 31 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$69−0.0164% /8h now · paid −0.690% over the last 7D
Price+$13spread +0.208% now, avg +0.080% → +0.128% if it goes back
Costs−$710.714% of $10k · taker + slippage, in and out
Result−$128−1.28%+ 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+0.208%
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 size35.6 / 2.9 bpAt $10k entering TxFlow costs 35.6 bp, fee and slippage, 12.4× MEXC’s.
- Note: Margin at max leverage$500 + $100TxFlow 20x, MEXC 100x. 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: −$4.92Long TxFlow: 24 payments, −$3.00; short MEXC: 6 payments, −$1.92.
- OK: Entry gap works for you+0.208% vs +0.080%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$88K vs $2.5M 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 · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0329%/8h × 21 periods−$69.00
Price spread+0.208% → +0.080% (7d avg)+$12.79
Slippage, 4 orderslive order books−$58.44
Fee TxFlow bp × 2 orders−$9.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$127.66
Costs to cover0.714%Break-evennever at this rate
Slippage: TxFlow: live order book, 49 min ago; MEXC: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow4.7335.6 bp−$36doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC0.842.9 bp−$327.5 bp−$275112.7 bp−$11.3Kdoesn’t fit
Closing costs about the same again.
Phoenix