Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004628 | −0.0071 | get 0.0009% / 1h | 53m 01s | $15K | $207K | 40x | Long TxFlow5% off | |
| SHORT | 0.000004634 | +0.0008 | get 0.0008% / 8h | 7h 53m | $379K | $862K | 10x | Short GRVT |
Price gap+0.121%
Funding gap+0.0079% /8h
Funding pays +$2 a day on $10k, but the gap is 0.030% under its 7d average: −$3 if it goes back, about 30 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$27+0.0079% /8h now · paid +0.271% over the last 7D
Price−$3spread +0.121% now, avg +0.151% → −0.030% if it goes back
Costs−$470.469% of $10k · taker + slippage, in and out
Result−$23−0.23%+ Points / potential airdropTxFlow: points · GRVT: 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+0.121%
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
/8hSHIB on 31 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Large against open interest12.2 / 8.4 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$250 + $1,000TxFlow 40x, GRVT 10x. 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: +$2.36Long TxFlow: 24 payments, +$2.12; short GRVT: 3 payments, +$0.24.
- Watch: Gap narrower than usual+0.121% vs +0.151%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$15K vs $379K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · GRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0129%/8h × 21 periods+$27.11
Price spread+0.121% → +0.151% (7d avg)−$2.99
Slippage, 4 orderslive order books−$28.92
Fee TxFlow bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$22.80
Costs to cover0.469%Break-even12.9 days
Slippage: TxFlow: live order book, 23 min ago; GRVT: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow4.3112.2 bp−$1245.1 bp−$451doesn’t fitdoesn’t fit
SELL · SHORTGRVT3.238.4 bp−$820.7 bp−$207doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-29 01:05 | MEXC | Listing | SHIB_USDC no longer reported ($SHIB) seen by our collector |
| 10-07 09:58 | dYdX | Listing | SHIB-USD no longer reported ($SHIB) seen by our collector |
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| 09-24 15:02 | Phoenix | Listing | new market kSHIB ($SHIB) seen by our collector |

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