Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5239 | −0.0073 | get 0.0009% / 1h | 30m 49s | $242K | $177K | 25x | Long TxFlow5% off | |
| SHORT | 0.5245 | +0.0053 | get 0.0007% / 1h | 30m 49s | $8.8M | $2.0M | 5x | Short Hyperliquid4% off |
Price gap+0.113%
Funding gap+0.0126% /8h
Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$49+0.0126% /8h now · paid +0.490% over the last 7D
Price−$1spread +0.113% now, avg +0.121% → −0.009% if it goes back
Costs−$410.408% of $10k · taker + slippage, in and out
Result+$7+0.07%+ Points / potential airdropTxFlow: points · Hyperliquid: Season 2 · 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+0.113%
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 books8.9 / 13.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $2,000TxFlow 25x, Hyperliquid 5x. 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: +$3.77Long TxFlow: 24 payments, +$2.19; short Hyperliquid: 24 payments, +$1.58.
- Note: Gap at its usual level+0.113% vs +0.121%The price leg adds little either way.
- Watch: Long leg is thinner$242K vs $8.8M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Hyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0233%/8h × 21 periods+$48.99
Price spread+0.113% → +0.121% (7d avg)−$0.87
Slippage, 4 orderslive order books−$22.79
Fee TxFlow bp × 2 orders−$9.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k+$7.33
Costs to cover0.408%Break-even6.0 days
Slippage: TxFlow: live order book, 40 min ago; Hyperliquid: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.908.9 bp−$919.4 bp−$194120.7 bp−$12.1Kdoesn’t fit
SELL · SHORTHyperliquid2.1913.9 bp−$1425.9 bp−$259109.2 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 |
| 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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