Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,669.4 | +0.0100 | pay 0.0013% / 1h | 58m 30s | $8K | $196K | 20x | Long TxFlow5% off | |
| SHORT | 1,683.9 | +0.0037 | get 0.0037% / 8h | 3h 58m | $8.9M | $69.1M | 20x | Short Bitget |
Price gap+0.869%
Funding gap−0.0063% /8h
The gap pays +$33 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 18 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$12−0.0063% /8h now · paid −0.124% over the last 7D
Price+$33spread +0.869% now, avg +0.538% → +0.331% if it goes back
Costs−$1000.999% of $10k · taker + slippage, in and out
Result−$79−0.79%+ 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+0.869%
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
2 ok · 4 to watch- Watch: Thin at this size25.3 / 12.9 bpAt $10k entering TxFlow costs 25.3 bp, fee and slippage, 2.0× Bitget’s.
- Note: Margin at max leverage$500 + $500TxFlow 20x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.89Long TxFlow: 24 payments, −$3.00; short Bitget: 3 payments, +$1.11.
- OK: Entry gap works for you+0.869% vs +0.538%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$8K vs $8.9M 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 · Bitget YesKYC 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+0.869% → +0.538% (7d avg)+$33.14
Slippage, 4 orderslive order books−$78.87
Fee TxFlow bp × 2 orders−$9.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$79.18
Costs to cover0.999%Break-evennever at this rate
Slippage: TxFlow: live order book, 58 min ago; Bitget: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.5525.3 bp−$25doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget2.2912.9 bp−$1316.2 bp−$162doesn’t fitdoesn’t fit
Closing costs about the same again.
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