Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5342 | 0 | 0.0000% / 1h | 20m 02s | $200K | $723K | 25x | Long Deribit | |
| SHORT | 0.5337 | −0.0005 | pay 0.0001% / 1h | 20m 02s | $248K | $169K | 25x | Short TxFlow5% off |
Price gap−0.094%
Funding gap−0.0005% /8h
Funding is ≈ 0, so this is a price-spread trade: +$2 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 forecastFunding−$53−0.0005% /8h now · paid −0.534% over the last 7D
Price+$2spread −0.094% now, avg −0.118% → +0.025% if it goes back
Costs−$450.449% of $10k · taker + slippage, in and out
Result−$96−0.96%+ 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−0.094%
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
/8hTIA on 28 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books12.9 / 7.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $400Deribit 25x, TxFlow 25x. 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: −$0.15Long Deribit: 24 payments, $0.00; short TxFlow: 24 payments, −$0.15.
- OK: Entry gap works for you−0.094% vs −0.118%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$200K vs $248K OIDeribit sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCDeribit Yes · TxFlow NoID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0254%/8h × 21 periods−$53.38
Price spread−0.094% → −0.118% (7d avg)+$2.47
Slippage, 4 orderslive order books−$28.95
Fee Deribit bp × 2 orders−$7.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$95.86
Costs to cover0.449%Break-evennever at this rate
Slippage: Deribit: live order book, 38 min ago; TxFlow: live order book, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGDeribit9.3812.9 bp−$1349.7 bp−$497doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.947.5 bp−$823.9 bp−$239109.3 bp−$10.9Kdoesn’t fit
Closing costs about the same again.
| 10-20 08:16 | Bullet | Listing | new market TIA-USD ($TIA) seen by our collector |
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