Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07172 | +0.0104 | pay 0.0013% / 1h | 3m 46s | $486K | $158K | 25x | Long Extended10% off | |
| SHORT | 0.07171 | −0.0156 | pay 0.0020% / 1h | 3m 46s | $277K | $230K | 25x | Short TxFlow5% off |
Price gap−0.008%
Funding gap−0.0260% /8h
Funding costs $8 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$56−0.0260% /8h now · paid −0.559% over the last 7D
Price+$1spread −0.008% now, avg −0.018% → +0.010% if it goes back
Costs−$310.313% of $10k · taker + slippage, in and out
Result−$86−0.86%+ Points / potential airdropExtended: points · TxFlow: 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−0.008%
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
/8hXPL on 34 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books5.5 / 7.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $400Extended 25x, TxFlow 25x. 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: −$7.81Long Extended: 24 payments, −$3.12; short TxFlow: 24 payments, −$4.69.
- Note: Gap at its usual level−0.008% vs −0.018%The price leg adds little either way.
- Watch: Short leg is thinner$277K vs $486K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legExtended points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0266%/8h × 21 periods−$55.93
Price spread−0.008% → −0.018% (7d avg)+$1.03
Slippage, 4 orderslive order books−$17.34
Fee Extended bp × 2 orders−$5.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$86.24
Costs to cover0.313%Break-evennever at this rate
Slippage: Extended: live order book, 20 min ago; TxFlow: live order book, 19 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended0.705.5 bp−$517.6 bp−$176doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.397.5 bp−$820.5 bp−$205143.6 bp−$14.4Kdoesn’t fit
Closing costs about the same again.
