Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5260 | −0.0218 | get 0.0027% / 1h | 3m 48s | $242K | $187K | 25x | Long TxFlow5% off | |
| SHORT | 0.5264 | −0.0243 | pay 0.0030% / 1h | 3m 48s | $126K | $154K | 10x | Short Backpack |
Price gap+0.074%
Funding gap−0.0024% /8h
Funding costs $1 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+$57−0.0024% /8h now · paid +0.567% over the last 7D
Price$0spread +0.074% now, avg +0.077% → −0.003% if it goes back
Costs−$370.367% of $10k · taker + slippage, in and out
Result+$20+0.20%+ 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+0.074%
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
3 ok · 2 to watch- OK: Fits both order books6.2 / 9.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $1,000TxFlow 25x, Backpack 10x. 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: −$0.73Long TxFlow: 24 payments, +$6.55; short Backpack: 24 payments, −$7.28.
- Note: Gap at its usual level+0.074% vs +0.077%The price leg adds little either way.
- Watch: Short leg is thinner$126K vs $242K OIBackpack sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0270%/8h × 21 periods+$56.69
Price spread+0.074% → +0.077% (7d avg)−$0.28
Slippage, 4 orderslive order books−$17.66
Fee TxFlow bp × 2 orders−$9.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k+$19.75
Costs to cover0.367%Break-even4.6 days
Slippage: TxFlow: live order book, 18 min ago; Backpack: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.956.2 bp−$616.8 bp−$16894.9 bp−$9,490doesn’t fit
SELL · SHORTBackpack0.389.7 bp−$10doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-20 08:16 | Bullet | Listing | new market TIA-USD ($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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