Funding arb · Price arb / Crypto
VIRTUAL
All VIRTUAL markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5653 | −0.0413 | get 0.0052% / 1h | 53m 21s | $27K | $212K | 50x | Long TxFlow5% off | |
| SHORT | 0.5671 | +0.0100 | get 0.0050% / 4h | 3h 53m | $2K | $1.6M | 20x | Short SunX≤10% back |
Price gap+0.318%
Funding gap+0.0513% /8h
Both sides work: funding pays +$15 a day on $10k, and the gap is 0.125% above its 7d average: +$12 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$37+0.0513% /8h now · paid +0.374% over the last 7D
Price+$12spread +0.318% now, avg +0.194% → +0.125% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$50+0.50%+ 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 · 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+0.318%
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
/8hVIRTUAL on 34 exchanges
lowest funding firstBefore you open
3 ok · 3 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$200 + $500TxFlow 50x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$15.38Long TxFlow: 24 payments, +$12.38; short SunX: 6 payments, +$3.00.
- OK: Entry gap works for you+0.318% vs +0.194%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$2K vs $27K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0178%/8h × 21 periods+$37.39
Price spread+0.318% → +0.194% (7d avg)+$12.47
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee TxFlow bp × 2 orders−$9.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: TxFlow: live order book, 33 min ago; SunX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.8814.1 bp−$1440.1 bp−$401doesn’t fitdoesn’t fit
SELL · SHORTSunX490.45doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
