Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3881 | −0.0150 | get 0.0150% / 8h | 59m 05s | $29.3M | $43.3M | 75x | Long Bitget | |
| SHORT | 0.3875 | +0.0100 | get 0.0013% / 1h | 59m 05s | $240K | $518K | 50x | Short TxFlow5% off |
Price gap−0.155%
Funding gap+0.0250% /8h
Funding trade: +$7 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4+0.0250% /8h now · paid −0.040% over the last 7D
Price−$1spread −0.155% now, avg −0.141% → −0.013% if it goes back
Costs−$400.397% of $10k · taker + slippage, in and out
Result−$45−0.45%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.040% in total, about −0.0019%/8h on average.
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−0.155%
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
/8hWLD on 42 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books10.4 / 5.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $200Bitget 75x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$7.50Long Bitget: 3 payments, +$4.50; short TxFlow: 24 payments, +$3.00.
- Note: Gap at its usual level−0.155% vs −0.141%The price leg adds little either way.
- Watch: Short leg is thinner$240K vs $29.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · TxFlow NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0019%/8h × 21 periods−$3.99
Price spread−0.155% → −0.141% (7d avg)−$1.34
Slippage, 4 orderslive order books−$18.70
Fee Bitget bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$45.03
Costs to cover0.397%Break-evennever at this rate
Slippage: Bitget: live order book, 8 min ago; TxFlow: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget1.2910.4 bp−$1018.0 bp−$18066.3 bp−$6,632528.4 bp−$264.2K
SELL · SHORTTxFlow1.285.8 bp−$67.8 bp−$7849.8 bp−$4,978doesn’t fit
Closing costs about the same again.
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