Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.8398 | +0.0187 | pay 0.0187% / 8h | 4h 58m | $733K | $435K | 75x | Long HTX | |
| SHORT | 6.8140 | +0.0015 | get 0.0002% / 1h | 58m 37s | $174K | $254K | 50x | Short TxFlow5% off |
Price gap−0.377%
Funding gap−0.0172% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.069% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$32−0.0172% /8h now · paid −0.320% over the last 7D
Price−$7spread −0.377% now, avg −0.308% → −0.069% if it goes back
Costs−$480.477% of $10k · taker + slippage, in and out
Result−$87−0.87%+ 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−0.377%
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
/8hUNI on 46 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size16.6 / 6.3 bpAt $10k entering HTX costs 16.6 bp, fee and slippage, 2.7× TxFlow’s.
- Note: Margin at max leverage$133 + $200HTX 75x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$5.17Long HTX: 3 payments, −$5.62; short TxFlow: 24 payments, +$0.45.
- Watch: Gap narrower than usual−0.377% vs −0.308%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$174K vs $733K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCHTX Limited · TxFlow NoNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0152%/8h × 21 periods−$31.97
Price spread−0.377% → −0.308% (7d avg)−$6.92
Slippage, 4 orderslive order books−$26.74
Fee HTX bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$86.63
Costs to cover0.477%Break-evennever at this rate
Slippage: HTX: live order book, 14 min ago; TxFlow: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX4.7616.6 bp−$1747.3 bp−$473doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.476.3 bp−$610.8 bp−$10839.7 bp−$3,968doesn’t fit
Closing costs about the same again.
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