Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3747 | +0.0198 | pay 0.0198% / 8h | 6h 58m | $3.2M | $2.1M | 75x | Long BloFin | |
| SHORT | 0.3739 | +0.0078 | get 0.0010% / 1h | 58m 50s | $249K | $615K | 50x | Short TxFlow5% off |
Price gap−0.214%58s
Funding gap−0.0120% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.073% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7−0.0120% /8h now · paid −0.071% over the last 7D
Price—spread −0.214%58s now · prices read too far apart to compare
Costs−$330.334% 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−0.214%
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 43 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- OK: Fits both order books11.6 / 6.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $200BloFin 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: −$3.60Long BloFin: 3 payments, −$5.94; short TxFlow: 24 payments, +$2.35.
- Watch: Prices read 58 s apart−0.214% vs −0.140%Part of this gap may be the market moving.
- Watch: Short leg is thinner$249K vs $3.2M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBloFin Limited · TxFlow NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0034%/8h × 21 periods−$7.09
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$12.43
Fee BloFin bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$40.53
price spread not counted: prices read too far apartCosts to cover0.334%Break-evennever at this rate
Slippage: BloFin: live order book, 3 min ago; TxFlow: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin1.3411.6 bp−$1216.8 bp−$16832.4 bp−$3,23697.4 bp−$48.7K
SELL · SHORTTxFlow1.376.7 bp−$718.4 bp−$18483.1 bp−$8,312doesn’t fit
Closing costs about the same again.
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