Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1833 | −0.0164 | get 0.0020% / 1h | 43m 55s | $297K | $60K | 25x | Long TxFlow5% off | |
| SHORT | 0.1836 | +0.1005 | get 0.0126% / 1h | 43m 55s | $4K | $132K | 10x | Short Injective |
Price gap+0.185%58s
Funding gap+0.1169% /8h
Both sides work: funding pays +$35 a day on $10k, and the gap is 0.033% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$154+0.1169% /8h now · paid +1.544% over the last 7D
Price—spread +0.185%58s now · prices read too far apart to compare
Costs−$860.855% of $10k · taker + slippage, in and out
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+0.185%
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- Watch: Thin at this size10.9 / 30.6 bpAt $10k entering Injective costs 30.6 bp, fee and slippage, 2.8× TxFlow’s.
- Note: Margin at max leverage$400 + $1,000TxFlow 25x, Injective 10x. 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: +$35.06Long TxFlow: 24 payments, +$4.91; short Injective: 24 payments, +$30.15.
- Watch: Prices read 58 s apart+0.185% vs +0.151%Part of this gap may be the market moving.
- Watch: Short leg is thinner$4K vs $297K OIInjective sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Injective NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0735%/8h × 21 periods+$154.40
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$76.50
Fee TxFlow bp × 2 orders−$9.00
Fee Injective bp × 2 orders−$0.02
Net · 7 days · $10k+$68.88
price spread not counted: prices read too far apartCosts to cover0.855%Break-even3.9 days
Slippage: TxFlow: live order book, 14 min ago; Injective: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.7310.9 bp−$1121.0 bp−$21093.7 bp−$9,367doesn’t fit
SELL · SHORTInjective27.2930.6 bp−$31doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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