Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04449 | +0.0100 | pay 0.0050% / 4h | 1h 56m | $1.7M | $860K | 50x | Long Gate | |
| SHORT | 0.04441 | −0.0048 | pay 0.0006% / 1h | 56m 17s | $157K | $411K | 50x | Short TxFlow5% off |
Price gap−0.180%
Funding gap−0.0148% /8h
Funding costs $4 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$22−0.0148% /8h now · paid −0.220% over the last 7D
Price−$1spread −0.180% now, avg −0.166% → −0.014% if it goes back
Costs−$780.776% of $10k · taker + slippage, in and out
Result−$101−1.01%+ 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−0.180%
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
/8hSTRK on 30 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size30.3 / 6.7 bpAt $10k entering Gate costs 30.3 bp, fee and slippage, 4.5× TxFlow’s.
- Note: Margin at max leverage$200 + $200Gate 50x, 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: −$4.44Long Gate: 6 payments, −$3.00; short TxFlow: 24 payments, −$1.44.
- Note: Gap at its usual level−0.180% vs −0.166%The price leg adds little either way.
- Watch: Short leg is thinner$157K vs $1.7M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCGate Yes · TxFlow NoKYC 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−0.0105%/8h × 21 periods−$22.05
Price spread−0.180% → −0.166% (7d avg)−$1.37
Slippage, 4 orderslive order books−$53.63
Fee Gate bp × 2 orders−$15.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$101.05
Costs to cover0.776%Break-evennever at this rate
Slippage: Gate: live order book, just now; TxFlow: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate2.2530.3 bp−$30412.6 bp−$4,126doesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.256.7 bp−$715.7 bp−$15785.5 bp−$8,553doesn’t fit
Closing costs about the same again.
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