Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.2530 | +0.0100 | pay 0.0100% / 8h | 6h 59m | $1K | $2.1M | 20x | Long SunX≤10% back | |
| SHORT | 5.2250 | +0.0100 | get 0.0013% / 1h | 59m 22s | $4K | $151K | 50x | Short TxFlow5% off |
Price gap−0.533%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.355% under its 7d average: the price leg works against you, −$36 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$50.0000% /8h now · paid −0.046% over the last 7D
Price−$36spread −0.533% now, avg −0.178% → −0.355% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$40−0.40%+ Points / potential airdropTxFlow: points · farm boardcosts unknown: book too thin at $10k · What 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−0.533%
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 17 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$500 + $200SunX 20x, 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 SunX: 3 payments, −$3.00; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.533% vs −0.178%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1K vs $4K OISunX 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 legSunX No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0022%/8h × 21 periods−$4.63
Price spread−0.533% → −0.178% (7d avg)−$35.52
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 3 min ago; TxFlow: live order book, 52 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX500.10doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.9417.5 bp−$1769.4 bp−$694doesn’t fitdoesn’t fit
Closing costs about the same again.