Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,685.7 | +0.0050 | pay 0.0050% / 8h | 3h 06m | $9.0M | $67.0M | 20x | Long Bitget | |
| SHORT | 1,669.5 | +0.0100 | get 0.0013% / 1h | 6m 08s | $7K | $195K | 20x | Short TxFlow5% off |
Price gap−0.957%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.419% under its 7d average: −$42 if it goes back, about 28 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$12+0.0050% /8h now · paid +0.124% over the last 7D
Price−$42spread −0.957% now, avg −0.539% → −0.419% if it goes back
Costs−$800.800% of $10k · taker + slippage, in and out
Result−$109−1.09%+ 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−0.957%
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
/8hANTHROPIC on 27 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size12.6 / 24.0 bpAt $10k entering TxFlow costs 24.0 bp, fee and slippage, 1.9× Bitget’s.
- Note: Margin at max leverage$500 + $500Bitget 20x, TxFlow 20x. 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: +$1.50Long Bitget: 3 payments, −$1.50; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.957% vs −0.539%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$7K vs $9.0M 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+0.0059%/8h × 21 periods+$12.45
Price spread−0.957% → −0.539% (7d avg)−$41.85
Slippage, 4 orderslive order books−$59.04
Fee Bitget bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$109.45
Costs to cover0.800%Break-even68.5 days
Slippage: Bitget: live order book, 2 min ago; TxFlow: live order book, 46 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget0.5312.6 bp−$1337.3 bp−$373doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.7224.0 bp−$24156.1 bp−$1,561doesn’t fitdoesn’t fit
Closing costs about the same again.
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