Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.6980 | +0.0100 | pay 0.0100% / 8h | 3h 59m | $1.9M | $408K | 50x | Long Bitget | |
| SHORT | 5.6830 | +0.0100 | get 0.0013% / 1h | 59m 16s | $6K | $110K | 50x | Short TxFlow5% off |
Price gap−0.263%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.164% under its 7d average: the price leg works against you, −$16 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$30.0000% /8h now · paid −0.028% over the last 7D
Price−$16spread −0.263% now, avg −0.099% → −0.164% if it goes back
Costs−$530.532% of $10k · taker + slippage, in and out
Result−$72−0.72%+ 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−0.263%
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
/8hZEN on 18 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size16.7 / 9.5 bpAt $10k entering Bitget costs 16.7 bp, fee and slippage, 1.8× TxFlow’s.
- Note: Margin at max leverage$200 + $200Bitget 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Bitget: 3 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.263% vs −0.099%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$6K vs $1.9M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · TxFlow NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0013%/8h × 21 periods−$2.81
Price spread−0.263% → −0.099% (7d avg)−$16.38
Slippage, 4 orderslive order books−$32.24
Fee Bitget bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$72.43
Costs to cover0.532%Break-evennever at this rate
Slippage: Bitget: live order book, 11 min ago; TxFlow: live order book, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget3.5216.7 bp−$1737.5 bp−$375doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.889.5 bp−$924.6 bp−$246doesn’t fitdoesn’t fit
Closing costs about the same again.