VIRTUAL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXVIRTUAL-USDT	0.5593	+0.0100	pay 0.0050% / 4h	2h 59m	$2K	$2.0M	20x	Long SunX≤10% back
SHORT	TxFlowVIRTUAL-USDC	0.5566	−0.0429	pay 0.0054% / 1h	59m 31s	$20K	$215K	50x	Short TxFlow5% off

Price gap−0.483%

Funding gap−0.0529% /8h

Both sides work against this direction now: funding costs $16 a day on $10k and the gap is 0.288% 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−$37−0.0529% /8h now · paid −0.374% over the last 7D

Price−$29spread −0.483% now, avg −0.194% → −0.288% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$66−0.66%+ Points / potential airdropTxFlow: points · farm boardcosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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−0.483%

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 33 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$500 + $200
SunX 20x, 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: −$15.87Long SunX: 6 payments, −$3.00; short TxFlow: 24 payments, −$12.87.
Watch: Gap narrower than usual−0.483% vs −0.194%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$2K vs $20K OI
SunX sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
OK: No KYC on either legSunX No · TxFlow No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0178%/8h × 21 periods−$37.39

Price spread−0.483% → −0.194% (7d avg)−$28.83

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee SunX bp × 2 orders−$8.00

Fee TxFlow bp × 2 orders−$9.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: SunX: live order book, 12 min ago; TxFlow: live order book, 22 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX494.58doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTTxFlow1.8115.9 bp−$1640.8 bp−$408doesn’t fitdoesn’t fit

Closing costs about the same again.