TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

SEI

All SEI markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
TxFlowSEI-USDC
0.05258+0.0100pay 0.0013% / 1h53m 03s$14K$131K50xLong TxFlow5% off
SHORT
GRVTSEI_USDT_Perp
0.05277+0.0100get 0.0100% / 8h2h 53m$185K$159K10xShort GRVT
Price gap+0.364%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$24 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 forecast
Funding+$90.0000% /8h now · paid +0.089% over the last 7D
Price+$24spread +0.364% now, avg +0.121% → +0.243% if it goes back
Costs−$390.390% of $10k · taker + slippage, in and out
Result−$6−0.06%+ Points / potential airdropTxFlow: points · GRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.364%
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

/8h

SEI on 27 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Large against open interest9.5 / 10.5 bp
    $10k is over 10% of TxFlow’s open interest.
  • Note: Margin at max leverage$200 + $1,000
    TxFlow 50x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments 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 GRVT: 3 payments, +$3.00.
  • OK: Entry gap works for you+0.364% vs +0.121%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$14K vs $185K OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points · GRVT points
    Volume here counts toward the points program.
  • OK: No KYC on either legTxFlow No · GRVT No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0043%/8h × 21 periods+$8.94
Price spread+0.364% → +0.121% (7d avg)+$24.34
Slippage, 4 orderslive order books−$21.04
Fee TxFlow bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$5.76
Costs to cover0.390%Break-even11.5 days
Slippage: TxFlow: live order book, 54 min ago; GRVT: live order book, 59 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGTxFlow1.919.5 bp−$924.0 bp−$240doesn’t fitdoesn’t fit
SELL · SHORTGRVT1.9010.5 bp−$1020.3 bp−$203doesn’t fitdoesn’t fit

Closing costs about the same again.

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