Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07420 | +0.0100 | pay 0.0050% / 4h | 1h 01m | $1.3M | $218K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.07412 | −0.0065 | pay 0.0008% / 1h | 1m 19s | $398K | $290K | 25x | Short TxFlow5% off |
Price gap−0.108%
Funding gap−0.0165% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.079% 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−$48−0.0165% /8h now · paid −0.482% over the last 7D
Price−$8spread −0.108% now, avg −0.028% → −0.079% if it goes back
Costs−$1021.024% of $10k · taker + slippage, in and out
Result−$159−1.59%+ Points / potential airdropVariational Omni: 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−0.108%
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
2 ok · 4 to watch- Watch: Thin at this size43.9 / 9.7 bpAt $10k entering Variational Omni costs 43.9 bp, fee and slippage, 4.5× TxFlow’s.
- Note: Margin at max leverage$200 + $400Variational Omni 50x, 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: −$4.94Long Variational Omni: 6 payments, −$3.00; short TxFlow: 24 payments, −$1.94.
- Watch: Gap narrower than usual−0.108% vs −0.028%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$398K vs $1.3M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0229%/8h × 21 periods−$48.19
Price spread−0.108% → −0.028% (7d avg)−$7.94
Slippage, 4 orderslive order books−$93.43
Fee Variational Omni bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$158.56
Costs to cover1.024%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 2 min ago; TxFlow: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.0543.9 bp−$4479.6 bp−$796doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.379.7 bp−$1024.2 bp−$242229.1 bp−$22.9Kdoesn’t fit
Closing costs about the same again.