Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2756 | +0.0066 | pay 0.0008% / 1h | 59m 44s | $956K | $1.1M | 50x | Long TxFlow5% off | |
| SHORT | 1.2730 | +0.0100 | get 0.0013% / 1h | 59m 44s | $180K | $71K | 20x | Short Bulk |
Price gap−0.207%
Funding gap+0.0034% /8h
Funding pays +$1 a day on $10k, but the gap is 0.200% under its 7d average: −$20 if it goes back, about 20 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10+0.0034% /8h now · paid +0.103% over the last 7D
Price−$20spread −0.207% now, avg −0.007% → −0.200% if it goes back
Costs−$190.188% of $10k · taker + slippage, in and out
Result−$29−0.29%+ 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−0.207%
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
/8hXRP on 51 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books4.9 / 5.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $500TxFlow 50x, Bulk 20x. 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: +$1.02Long TxFlow: 24 payments, −$1.98; short Bulk: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.207% vs −0.007%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$180K vs $956K OIBulk 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 · Bulk NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0049%/8h × 21 periods+$10.32
Price spread−0.207% → −0.007% (7d avg)−$20.02
Slippage, 4 orderslive order books−$2.83
Fee TxFlow bp × 2 orders−$9.00
Fee Bulk bp × 2 orders−$7.00
Net · 7 days · $10k−$28.54
Costs to cover0.188%Break-even26.4 days
Slippage: TxFlow: live order book, 3 min ago; Bulk: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.394.9 bp−$55.5 bp−$559.9 bp−$99325.0 bp−$12.5K
SELL · SHORTBulk0.395.2 bp−$56.7 bp−$67doesn’t fitdoesn’t fit
Closing costs about the same again.
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