Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1777 | +0.0100 | pay 0.0050% / 4h | 3h 19m | $143K | $117K | 75x | Long HTX | |
| SHORT | 0.1775 | −0.0148 | pay 0.0018% / 1h | 19m 07s | $306K | $74K | 25x | Short TxFlow5% off |
Price gap−0.113%
Funding gap−0.0248% /8h
The gap pays +$18 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 2.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$80−0.0248% /8h now · paid −0.803% over the last 7D
Price+$18spread −0.113% now, avg −0.296% → +0.183% if it goes back
Costs−$700.704% of $10k · taker + slippage, in and out
Result−$132−1.32%+ 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−0.113%
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
/8hWIF on 33 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size20.6 / 7.3 bpAt $10k entering HTX costs 20.6 bp, fee and slippage, 2.8× TxFlow’s.
- Note: Margin at max leverage$133 + $400HTX 75x, TxFlow 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$7.43Long HTX: 6 payments, −$3.00; short TxFlow: 24 payments, −$4.43.
- OK: Entry gap works for you−0.113% vs −0.296%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$143K vs $306K OIHTX 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−0.0382%/8h × 21 periods−$80.26
Price spread−0.113% → −0.296% (7d avg)+$18.33
Slippage, 4 orderslive order books−$49.41
Fee HTX bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$132.34
Costs to cover0.704%Break-evennever at this rate
Slippage: HTX: live order book, 61 min ago; TxFlow: live order book, 62 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX11.3520.6 bp−$2182.4 bp−$824doesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.847.3 bp−$716.5 bp−$16595.3 bp−$9,526doesn’t fit
Closing costs about the same again.
| 09-23 12:07 | Phemex | Listing | 🚀 New listing: $WIF Perps (@dogwifcoin) $WIF/USDT futures are now live on Phemex with up to 20x leverage. 🔗 Trade here: @Phemex_official on X ↗ |
| 09-23 09:31 | Phemex | Listing | new market WIFUSDT ($WIF) seen by our collector |
| 09-22 07:03 | ApeX Omni | Other | 59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗ |
Phemex
ApeX Omni