Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3786 | +0.0100 | pay 0.0013% / 1h | 53m 19s | $272K | $575K | 50x | Long TxFlow5% off | |
| SHORT | 0.3804 | +0.0897 | get 0.0112% / 1h | 53m 19s | $3K | $129K | 10x | Short Aftermath Perps5% off |
Price gap+0.480%
Funding gap+0.0797% /8h
Both sides work: funding pays +$24 a day on $10k, and the gap is 0.373% above its 7d average: +$37 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$125+0.0797% /8h now · paid +1.251% over the last 7D
Price+$37spread +0.480% now, avg +0.107% → +0.373% if it goes back
Costs−$620.619% of $10k · taker + slippage, in and out
Result+$101+1.01%+ Points / potential airdropTxFlow: points · 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+0.480%
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
4 ok · 2 to watch- Watch: Thin at this size5.8 / 29.6 bpAt $10k entering Aftermath Perps costs 29.6 bp, fee and slippage, 5.1× TxFlow’s.
- Note: Margin at max leverage$200 + $1,000TxFlow 50x, Aftermath Perps 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: +$23.92Long TxFlow: 24 payments, −$3.00; short Aftermath Perps: 24 payments, +$26.92.
- OK: Entry gap works for you+0.480% vs +0.107%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$3K vs $272K OIAftermath Perps 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 · Aftermath Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0596%/8h × 21 periods+$125.10
Price spread+0.480% → +0.107% (7d avg)+$37.28
Slippage, 4 orderslive order books−$43.86
Fee TxFlow bp × 2 orders−$9.00
Fee Aftermath Perps bp × 2 orders−$9.00
Net · 7 days · $10k+$100.53
Costs to cover0.619%Break-even1.4 days
Slippage: TxFlow: live order book, 38 min ago; Aftermath Perps: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.305.8 bp−$610.3 bp−$10336.9 bp−$3,686234.8 bp−$117.4K
SELL · SHORTAftermath Perps12.3229.6 bp−$30doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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