Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.06655 | −0.0306 | get 0.0153% / 4h | 3h 58m | $317K | $348K | 25x | Long KuCoin | |
| SHORT | 0.06669 | +0.0100 | get 0.0013% / 1h | 58m 40s | $10K | $194K | 50x | Short TxFlow5% off |
Price gap+0.210%48s
Funding gap+0.0406% /8h
Both sides work: funding pays +$12 a day on $10k, and the gap is 0.393% above its 7d average: +$39 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27+0.0406% /8h now · paid −0.267% over the last 7D
Price—spread +0.210%48s now · prices read too far apart to compare
Costs−$3393.392% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.267% in total, about −0.0127%/8h on average.
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+0.210%
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
/8hSKY on 19 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size158.5 / 15.8 bpAt $10k entering KuCoin costs 158.5 bp, fee and slippage, 10.0× TxFlow’s.
- Note: Margin at max leverage$400 + $200KuCoin 25x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$12.18Long KuCoin: 6 payments, +$9.18; short TxFlow: 24 payments, +$3.00.
- Watch: Prices read 48 s apart+0.210% vs −0.183%Part of this gap may be the market moving.
- Watch: Short leg is thinner$10K vs $317K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · TxFlow NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0127%/8h × 21 periods−$26.70
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$318.17
Fee KuCoin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$365.87
price spread not counted: prices read too far apartCosts to cover3.392%Break-evennever at this rate
Slippage: KuCoin: live order book, 64 min ago; TxFlow: live order book, 18 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin18.74158.5 bp−$159331.2 bp−$3,312doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.7515.8 bp−$1692.8 bp−$928doesn’t fitdoesn’t fit
Closing costs about the same again.
