Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05260 | +0.0100 | pay 0.0100% / 8h | 3h 58m | $20K | $1.0M | 30x | Long SunX≤10% back | |
| SHORT | 0.05243 | +0.0100 | get 0.0013% / 1h | 58m 32s | $13K | $128K | 50x | Short TxFlow5% off |
Price gap−0.323%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.064% under its 7d average: the price leg works against you, −$6 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$90.0000% /8h now · paid −0.091% over the last 7D
Price−$6spread −0.323% now, avg −0.259% → −0.064% if it goes back
Costs−$670.673% of $10k · taker + slippage, in and out
Result−$83−0.83%+ 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−0.323%
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
/8hSEI on 27 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size25.3 / 10.5 bpAt $10k entering SunX costs 25.3 bp, fee and slippage, 2.4× TxFlow’s.
- Note: Margin at max leverage$333 + $200SunX 30x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 3 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.323% vs −0.259%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$13K vs $20K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legSunX No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0043%/8h × 21 periods−$9.05
Price spread−0.323% → −0.259% (7d avg)−$6.38
Slippage, 4 orderslive order books−$50.27
Fee SunX bp × 2 orders−$8.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$82.70
Costs to cover0.673%Break-evennever at this rate
Slippage: SunX: live order book, 5 min ago; TxFlow: live order book, 55 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX15.1725.3 bp−$25doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.9610.5 bp−$1118.9 bp−$189121.0 bp−$12.1Kdoesn’t fit
Closing costs about the same again.
