Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07213 | +0.0100 | pay 0.0050% / 4h | 28m 06s | $194K | $94K | 10x | Long GRVT | |
| SHORT | 0.07223 | −0.0173 | pay 0.0022% / 1h | 28m 06s | $297K | $189K | 25x | Short TxFlow5% off |
Price gap+0.138%60s
Funding gap−0.0273% /8h
The gap pays +$26 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 3.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$48−0.0273% /8h now · paid −0.475% over the last 7D
Price—spread +0.138%60s now · prices read too far apart to compare
Costs−$400.400% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropGRVT: points · TxFlow: points · farm boardneeds both prices read together
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+0.138%
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
3 ok · 3 to watch- OK: Fits both order books7.4 / 6.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $400GRVT 10x, TxFlow 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$8.18Long GRVT: 6 payments, −$3.00; short TxFlow: 24 payments, −$5.18.
- Watch: Prices read 60 s apart+0.138% vs −0.122%Part of this gap may be the market moving.
- Watch: Long leg is thinner$194K vs $297K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legGRVT No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0226%/8h × 21 periods−$47.53
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$22.01
Fee GRVT bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$87.55
price spread not counted: prices read too far apartCosts to cover0.400%Break-evennever at this rate
Slippage: GRVT: live order book, 39 min ago; TxFlow: live order book, 38 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT0.697.4 bp−$719.5 bp−$195doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.396.8 bp−$725.5 bp−$255doesn’t fitdoesn’t fit
Closing costs about the same again.
