Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1810 | +0.0100 | pay 0.0050% / 4h | 3h 17m | $3.4M | $1.0M | 75x | Long KuCoin | |
| SHORT | 0.1805 | −0.0122 | pay 0.0015% / 1h | 17m 46s | $368K | $92K | 25x | Short TxFlow5% off |
Price gap−0.276%
Funding gap−0.0222% /8h
Both sides work against this direction now: funding costs $7 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−$30−0.0222% /8h now · paid −0.300% over the last 7D
Price−$7spread −0.276% now, avg −0.207% → −0.069% if it goes back
Costs−$540.535% of $10k · taker + slippage, in and out
Result−$90−0.90%+ 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−0.276%
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- OK: Fits both order books14.3 / 7.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $400KuCoin 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: −$6.67Long KuCoin: 6 payments, −$3.00; short TxFlow: 24 payments, −$3.67.
- Watch: Gap narrower than usual−0.276% vs −0.207%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$368K vs $3.4M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · TxFlow NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0143%/8h × 21 periods−$29.96
Price spread−0.276% → −0.207% (7d avg)−$6.90
Slippage, 4 orderslive order books−$32.51
Fee KuCoin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$90.37
Costs to cover0.535%Break-evennever at this rate
Slippage: KuCoin: live order book, 6 min ago; TxFlow: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin2.7814.3 bp−$1443.5 bp−$435doesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.807.3 bp−$717.3 bp−$173100.8 bp−$10.1Kdoesn’t fit
Closing costs about the same again.
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