Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,211.3 | +0.0100 | pay 0.0013% / 1h | 0m 14s | $994K | $3.8M | 50x | Long TxFlow5% off | |
| SHORT | 1,212.2 | +0.0372 | get 0.0047% / 1h | 0m 14s | $4.0M | $2.4M | 15x | Short Backpack |
Price gap+0.079%
Funding gap+0.0272% /8h
Funding trade: +$8 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$75+0.0272% /8h now · paid +0.749% over the last 7D
Price+$2spread +0.079% now, avg +0.063% → +0.016% if it goes back
Costs−$230.227% of $10k · taker + slippage, in and out
Result+$54+0.54%+ 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+0.079%
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
/8hZEC on 51 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books4.6 / 6.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $667TxFlow 50x, Backpack 15x. 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: +$8.17Long TxFlow: 24 payments, −$3.00; short Backpack: 24 payments, +$11.17.
- Note: Gap at its usual level+0.079% vs +0.063%The price leg adds little either way.
- Watch: Long leg is thinner$994K vs $4.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0357%/8h × 21 periods+$74.87
Price spread+0.079% → +0.063% (7d avg)+$1.64
Slippage, 4 orderslive order books−$3.69
Fee TxFlow bp × 2 orders−$9.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k+$53.82
Costs to cover0.227%Break-even2.0 days
Slippage: TxFlow: live order book, 4 min ago; Backpack: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.044.6 bp−$56.0 bp−$6014.5 bp−$1,44755.5 bp−$27.7K
SELL · SHORTBackpack0.046.7 bp−$710.1 bp−$101doesn’t fitdoesn’t fit
Closing costs about the same again.
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