Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

VIRTUAL

All VIRTUAL markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BloFinVIRTUAL-USDT
0.6165+0.0191pay 0.0096% / 4h3h 19m$578K$183K75xLong BloFin
SHORT
TxFlowVIRTUAL-USDC
0.6156−0.0112pay 0.0014% / 1h19m 18s$39K$125K50xShort TxFlow5% off
Price gap−0.146%
Funding gap−0.0303% /8h

Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.031% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$54−0.0303% /8h now · paid −0.538% over the last 7D
Price−$3spread −0.146% now, avg −0.115% → −0.031% if it goes back
Costs−$370.368% of $10k · taker + slippage, in and out
Result−$94−0.94%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.146%
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

/8h

VIRTUAL on 34 exchanges

lowest funding first

Before you open

1 ok · 5 to watch
  • Watch: Large against open interest7.6 / 7.8 bp
    $10k is over 10% of TxFlow’s open interest.
  • Note: Margin at max leverage$133 + $200
    BloFin 75x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$9.10Long BloFin: 6 payments, −$5.73; short TxFlow: 24 payments, −$3.36.
  • Watch: Gap narrower than usual−0.146% vs −0.115%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$39K vs $578K OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points
    Volume here counts toward the points program.
  • Watch: KYCBloFin Limited · TxFlow No
    No ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0256%/8h × 21 periods−$53.76
Price spread−0.146% → −0.115% (7d avg)−$3.06
Slippage, 4 orderslive order books−$15.76
Fee BloFin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$93.58
Costs to cover0.368%Break-evennever at this rate
Slippage: BloFin: live order book, 61 min ago; TxFlow: live order book, 59 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBloFin0.817.6 bp−$812.7 bp−$12759.7 bp−$5,972doesn’t fit
SELL · SHORTTxFlow2.447.8 bp−$827.2 bp−$272308.0 bp−$30.8Kdoesn’t fit

Closing costs about the same again.

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