Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1770 | −0.0164 | get 0.0020% / 1h | 20m 21s | $303K | $54K | 25x | Long TxFlow5% off | |
| SHORT | 0.1776 | +0.0100 | get 0.0050% / 4h | 2h 20m | $206K | $339K | 10x | Short GRVT |
Price gap+0.313%60s
Funding gap+0.0264% /8h
Both sides work: funding pays +$8 a day on $10k, and the gap is 0.167% above its 7d average: +$17 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$56+0.0264% /8h now · paid +0.562% over the last 7D
Price—spread +0.313%60s now · prices read too far apart to compare
Costs−$500.502% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropTxFlow: points · GRVT: points · farm boardneeds both prices read together
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+0.313%
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 size9.9 / 15.2 bpAt $10k entering GRVT costs 15.2 bp, fee and slippage, 1.5× TxFlow’s.
- Note: Margin at max leverage$400 + $1,000TxFlow 25x, GRVT 10x. 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: +$7.91Long TxFlow: 24 payments, +$4.91; short GRVT: 6 payments, +$3.00.
- Watch: Prices read 60 s apart+0.313% vs +0.145%Part of this gap may be the market moving.
- Watch: Short leg is thinner$206K vs $303K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · GRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0268%/8h × 21 periods+$56.23
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$32.22
Fee TxFlow bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k+$6.01
price spread not counted: prices read too far apartCosts to cover0.502%Break-even6.3 days
Slippage: TxFlow: live order book, 36 min ago; GRVT: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.819.9 bp−$1023.0 bp−$23096.1 bp−$9,612doesn’t fit
SELL · SHORTGRVT2.8115.2 bp−$1535.8 bp−$358doesn’t fitdoesn’t fit
Closing costs about the same again.
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