Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1769 | −0.0148 | get 0.0018% / 1h | 13m 17s | $305K | $73K | 25x | Long TxFlow5% off | |
| SHORT | 0.1773 | +0.0100 | get 0.0013% / 1h | 13m 17s | $4.6M | $456K | 5x | Short Hyperliquid4% off |
Price gap+0.209%
Funding gap+0.0248% /8h
Funding pays +$7 a day on $10k, but the gap is 0.026% under its 7d average: −$3 if it goes back, about 8 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$58+0.0248% /8h now · paid +0.576% over the last 7D
Price−$3spread +0.209% now, avg +0.235% → −0.026% if it goes back
Costs−$350.347% of $10k · taker + slippage, in and out
Result+$20+0.20%+ Points / potential airdropTxFlow: points · Hyperliquid: Season 2 · 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+0.209%
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
4 ok · 2 to watch- OK: Fits both order books9.4 / 8.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $2,000TxFlow 25x, Hyperliquid 5x. 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: +$7.43Long TxFlow: 24 payments, +$4.43; short Hyperliquid: 24 payments, +$3.00.
- Watch: Gap narrower than usual+0.209% vs +0.235%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$305K vs $4.6M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Hyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0274%/8h × 21 periods+$57.64
Price spread+0.209% → +0.235% (7d avg)−$2.60
Slippage, 4 orderslive order books−$16.69
Fee TxFlow bp × 2 orders−$9.00
Fee Hyperliquid bp × 2 orders−$9.00
Net · 7 days · $10k+$20.35
Costs to cover0.347%Break-even4.5 days
Slippage: TxFlow: live order book, 8 min ago; Hyperliquid: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.849.4 bp−$922.4 bp−$22486.6 bp−$8,659doesn’t fit
SELL · SHORTHyperliquid0.858.8 bp−$924.3 bp−$243228.4 bp−$22.8Kdoesn’t fit
Closing costs about the same again.
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