Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5320 | −0.0227 | get 0.0028% / 1h | 28m 07s | $8.9M | $1.7M | 5x | Long Hyperliquid4% off | |
| SHORT | 0.5314 | −0.0240 | pay 0.0030% / 1h | 28m 07s | $251K | $172K | 25x | Short TxFlow5% off |
Price gap−0.120%
Funding gap−0.0013% /8h
Funding costs $0 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−$49−0.0013% /8h now · paid −0.488% over the last 7D
Price$0spread −0.120% now, avg −0.121% → +0.001% if it goes back
Costs−$360.365% of $10k · taker + slippage, in and out
Result−$85−0.85%+ 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−0.120%
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 · 1 to watch- OK: Fits both order books10.0 / 8.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$2,000 + $400Hyperliquid 5x, 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: −$0.40Long Hyperliquid: 24 payments, +$6.81; short TxFlow: 24 payments, −$7.21.
- Note: Gap at its usual level−0.120% vs −0.121%The price leg adds little either way.
- Watch: Short leg is thinner$251K vs $8.9M 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−0.0232%/8h × 21 periods−$48.77
Price spread−0.120% → −0.121% (7d avg)+$0.11
Slippage, 4 orderslive order books−$18.50
Fee Hyperliquid bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$85.16
Costs to cover0.365%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 9 min ago; TxFlow: live order book, 38 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid0.6610.0 bp−$1022.3 bp−$223119.9 bp−$12.0Kdoesn’t fit
SELL · SHORTTxFlow0.958.5 bp−$819.1 bp−$191128.8 bp−$12.9Kdoesn’t fit
Closing costs about the same again.
| 10-20 08:16 | Bullet | Listing | new market TIA-USD ($TIA) seen by our collector |
| 10-20 07:59 | Bullet | Listing | By popular demand, $TIA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |

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