Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 110.11 | +0.0100 | pay 0.0013% / 1h | 14m 48s | $30K | $186K | 20x | Long TxFlow5% off | |
| SHORT | 110.20 | 0 | 0.0000% / 8h | 3h 14m | $4.7M | $16.9M | 50x | Short Gate |
Price gap+0.082%
Funding gap−0.0100% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27−0.0100% /8h now · paid −0.269% over the last 7D
Price+$1spread +0.082% now, avg +0.069% → +0.013% if it goes back
Costs−$780.782% of $10k · taker + slippage, in and out
Result−$104−1.04%+ 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+0.082%
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
/8hCBRS on 30 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size24.5 / 21.1 bpAt $10k entering TxFlow costs 24.5 bp, fee and slippage, 1.2× Gate’s.
- Note: Margin at max leverage$500 + $200TxFlow 20x, Gate 50x. 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: −$3.00Long TxFlow: 24 payments, −$3.00; short Gate: 3 payments, $0.00.
- Note: Gap at its usual level+0.082% vs +0.069%The price leg adds little either way.
- Watch: Long leg is thinner$30K vs $4.7M 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 · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0128%/8h × 21 periods−$26.92
Price spread+0.082% → +0.069% (7d avg)+$1.26
Slippage, 4 orderslive order books−$54.15
Fee TxFlow bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$103.82
Costs to cover0.782%Break-evennever at this rate
Slippage: TxFlow: live order book, 17 min ago; Gate: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow3.6224.5 bp−$2598.9 bp−$989doesn’t fitdoesn’t fit
SELL · SHORTGate4.5421.1 bp−$2139.6 bp−$39674.5 bp−$7,449doesn’t fit
Closing costs about the same again.
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