Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.05258 | +0.0100 | pay 0.0013% / 1h | 53m 31s | $14K | $131K | 50x | Long TxFlow5% off | |
| SHORT | 0.05270 | +0.0051 | get 0.0051% / 8h | 2h 53m | $7.1M | $318K | 75x | Short Gate |
Price gap+0.228%
Funding gap−0.0049% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 7.2 days. At the last 7 days' pace that is about 20 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.0049% /8h now · paid −0.037% over the last 7D
Price+$11spread +0.228% now, avg +0.123% → +0.106% if it goes back
Costs−$600.601% of $10k · taker + slippage, in and out
Result−$53−0.53%+ 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+0.228%
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 size9.5 / 22.3 bpAt $10k entering Gate costs 22.3 bp, fee and slippage, 2.3× TxFlow’s.
- Note: Margin at max leverage$200 + $133TxFlow 50x, Gate 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: −$1.47Long TxFlow: 24 payments, −$3.00; short Gate: 3 payments, +$1.53.
- OK: Entry gap works for you+0.228% vs +0.123%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$14K vs $7.1M 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 · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0018%/8h × 21 periods−$3.68
Price spread+0.228% → +0.123% (7d avg)+$10.57
Slippage, 4 orderslive order books−$36.10
Fee TxFlow bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$53.21
Costs to cover0.601%Break-evennever at this rate
Slippage: TxFlow: live order book, 54 min ago; Gate: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.919.5 bp−$924.0 bp−$240doesn’t fitdoesn’t fit
SELL · SHORTGate3.8022.3 bp−$2266.0 bp−$660doesn’t fitdoesn’t fit
Closing costs about the same again.
