Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5347 | −0.0263 | get 0.0033% / 1h | 24m 33s | $251K | $165K | 25x | Long TxFlow5% off | |
| SHORT | 0.5351 | 0 | 0.0000% / 1h | 24m 33s | $183K | $669K | 25x | Short Deribit |
Price gap+0.075%
Funding gap+0.0263% /8h
Funding pays +$8 a day on $10k, but the gap is 0.044% under its 7d average: −$4 if it goes back, about 13 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$54+0.0263% /8h now · paid +0.535% over the last 7D
Price−$4spread +0.075% now, avg +0.118% → −0.044% if it goes back
Costs−$460.456% of $10k · taker + slippage, in and out
Result+$4+0.04%+ 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+0.075%
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
2 ok · 4 to watch- Watch: Thin at this size5.6 / 17.2 bpAt $10k entering Deribit costs 17.2 bp, fee and slippage, 3.1× TxFlow’s.
- Note: Margin at max leverage$400 + $400TxFlow 25x, Deribit 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: +$7.89Long TxFlow: 24 payments, +$7.89; short Deribit: 24 payments, $0.00.
- Watch: Gap narrower than usual+0.075% vs +0.118%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$183K vs $251K OIDeribit sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Deribit YesID, 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+0.0255%/8h × 21 periods+$53.54
Price spread+0.075% → +0.118% (7d avg)−$4.36
Slippage, 4 orderslive order books−$29.63
Fee TxFlow bp × 2 orders−$9.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k+$3.56
Costs to cover0.456%Break-even6.5 days
Slippage: TxFlow: live order book, 36 min ago; Deribit: live order book, 38 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.945.6 bp−$618.6 bp−$186144.7 bp−$14.5Kdoesn’t fit
SELL · SHORTDeribit9.3517.2 bp−$1744.6 bp−$446doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-20 08:16 | Bullet | Listing | new market TIA-USD ($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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