Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04790 | +0.0100 | pay 0.0013% / 1h | 5m 35s | $13K | $166K | 50x | Long TxFlow5% off | |
| SHORT | 0.04798 | −0.0064 | pay 0.0064% / 8h | 5m 35s | $7.0M | $5.6M | 75x | Short Bitget |
Price gap+0.167%
Funding gap−0.0164% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 14 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4−0.0164% /8h now · paid +0.042% over the last 7D
Price+$3spread +0.167% now, avg +0.137% → +0.030% if it goes back
Costs−$530.533% of $10k · taker + slippage, in and out
Result−$46−0.46%+ 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+0.167%
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 size9.8 / 16.2 bpAt $10k entering Bitget costs 16.2 bp, fee and slippage, 1.7× TxFlow’s.
- Note: Margin at max leverage$200 + $133TxFlow 50x, Bitget 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments 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 Bitget: 3 payments, −$1.92.
- OK: Entry gap works for you+0.167% vs +0.137%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$13K vs $7.0M 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 · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0020%/8h × 21 periods+$4.19
Price spread+0.167% → +0.137% (7d avg)+$2.96
Slippage, 4 orderslive order books−$32.27
Fee TxFlow bp × 2 orders−$9.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$46.12
Costs to cover0.533%Break-even84.0 days
Slippage: TxFlow: live order book, 20 min ago; Bitget: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.049.8 bp−$1023.6 bp−$236doesn’t fitdoesn’t fit
SELL · SHORTBitget1.0416.2 bp−$1626.8 bp−$268158.2 bp−$15.8Kdoesn’t fit
Closing costs about the same again.
MEXC