Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04780 | +0.0100 | pay 0.0013% / 1h | 29m 32s | $35.5M | $4.2M | 5x | Long Hyperliquid4% off | |
| SHORT | 0.04769 | +0.0100 | get 0.0013% / 1h | 29m 32s | $178K | $259K | 50x | Short TxFlow5% off |
Price gap−0.230%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.026% under its 7d average: the price leg works against you, −$3 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$460.0000% /8h now · paid −0.457% over the last 7D
Price−$3spread −0.230% now, avg −0.204% → −0.026% if it goes back
Costs−$400.398% of $10k · taker + slippage, in and out
Result−$88−0.88%+ Points / potential airdropHyperliquid: Season 2 · TxFlow: 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−0.230%
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
4 ok · 2 to watch- OK: Fits both order books12.4 / 8.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$2,000 + $200Hyperliquid 5x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Hyperliquid: 24 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.230% vs −0.204%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$178K vs $35.5M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2 · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0218%/8h × 21 periods−$45.74
Price spread−0.230% → −0.204% (7d avg)−$2.62
Slippage, 4 orderslive order books−$21.79
Fee Hyperliquid bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$88.15
Costs to cover0.398%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 3 min ago; TxFlow: live order book, 65 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid2.0912.4 bp−$1230.7 bp−$30795.0 bp−$9,503doesn’t fit
SELL · SHORTTxFlow1.068.2 bp−$824.9 bp−$249204.7 bp−$20.5Kdoesn’t fit
Closing costs about the same again.
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