Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1752 | −0.0043 | get 0.0005% / 1h | 42m 17s | $303K | $71K | 25x | Long TxFlow5% off | |
| SHORT | 0.1755 | +0.0377 | get 0.0047% / 1h | 42m 17s | $485K | $97K | 25x | Short Deribit |
Price gap+0.160%
Funding gap+0.0420% /8h
Funding pays +$13 a day on $10k, but the gap is 0.025% under its 7d average: −$3 if it goes back, about 5 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$75+0.0420% /8h now · paid +0.749% over the last 7D
Price−$3spread +0.160% now, avg +0.185% → −0.025% if it goes back
Costs−$440.442% of $10k · taker + slippage, in and out
Result+$28+0.28%+ 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+0.160%
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
3 ok · 3 to watch- OK: Fits both order books13.4 / 6.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $400TxFlow 25x, Deribit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$12.60Long TxFlow: 24 payments, +$1.29; short Deribit: 24 payments, +$11.32.
- Watch: Gap narrower than usual+0.160% vs +0.185%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$303K vs $485K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Deribit YesID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0356%/8h × 21 periods+$74.86
Price spread+0.160% → +0.185% (7d avg)−$2.53
Slippage, 4 orderslive order books−$28.22
Fee TxFlow bp × 2 orders−$9.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k+$28.11
Costs to cover0.442%Break-even4.4 days
Slippage: TxFlow: live order book, 51 min ago; Deribit: live order book, 52 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.8113.4 bp−$1323.7 bp−$23793.0 bp−$9,299doesn’t fit
SELL · SHORTDeribit3.086.6 bp−$7doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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