Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07810 | −0.0051 | get 0.0006% / 1h | 7m 39s | $986K | $506K | 25x | Long TxFlow5% off | |
| SHORT | 0.07835 | +0.1276 | get 0.0638% / 4h | 7m 39s | $1.4M | $2.0M | 20x | Short Aster≤10% back |
Price gap+0.320%
Funding gap+0.1327% /8h
Both sides work: funding pays +$40 a day on $10k, and the gap is 0.121% above its 7d average: +$12 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$46+0.1327% /8h now · paid +0.463% over the last 7D
Price+$12spread +0.320% now, avg +0.199% → +0.121% if it goes back
Costs−$570.571% of $10k · taker + slippage, in and out
Result+$1+0.01%+ Points / potential airdropTxFlow: points · Aster: Stage 5 · 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 +0.463% in total, about +0.0220%/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+0.320%
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- Watch: Thin at this size18.5 / 15.3 bpAt $10k entering TxFlow costs 18.5 bp, fee and slippage, 1.2× Aster’s.
- Note: Margin at max leverage$400 + $500TxFlow 25x, Aster 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$39.81Long TxFlow: 24 payments, +$1.52; short Aster: 6 payments, +$38.29.
- OK: Entry gap works for you+0.320% vs +0.199%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$986K vs $1.4M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Aster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Aster NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0220%/8h × 21 periods+$46.28
Price spread+0.320% → +0.199% (7d avg)+$12.12
Slippage, 4 orderslive order books−$40.05
Fee TxFlow bp × 2 orders−$9.00
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k+$1.35
Costs to cover0.571%Break-even6.8 days
Slippage: TxFlow: live order book, 34 min ago; Aster: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.5618.5 bp−$1937.2 bp−$372doesn’t fitdoesn’t fit
SELL · SHORTAster7.0015.3 bp−$1543.2 bp−$432doesn’t fitdoesn’t fit
Closing costs about the same again.
