Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 102.57 | +0.0592 | pay 0.0074% / 1h | 32m 47s | $14K | $115K | 10x | Long Bullet | |
| SHORT | 102.39 | +0.0009 | get 0.0001% / 1h | 32m 47s | $1.4M | $1.0M | 25x | Short TxFlow5% off |
Price gap−0.173%
Funding gap−0.0583% /8h
Both sides work against this direction now: funding costs $17 a day on $10k and the gap is 0.055% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$28−0.0583% /8h now · paid −0.284% over the last 7D
Price−$5spread −0.173% now, avg −0.119% → −0.055% if it goes back
Costs−$230.227% of $10k · taker + slippage, in and out
Result−$57−0.57%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.284% in total, about −0.0135%/8h on average.
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−0.173%
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
/8hCL on 44 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Large against open interest2.8 / 5.5 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$1,000 + $400Bullet 10x, TxFlow 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$17.49Long Bullet: 24 payments, −$17.75; short TxFlow: 24 payments, +$0.26.
- Watch: Gap narrower than usual−0.173% vs −0.119%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$14K vs $1.4M OIBullet 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 legBullet No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0135%/8h × 21 periods−$28.39
Price spread−0.173% → −0.119% (7d avg)−$5.47
Slippage, 4 orderslive order books−$13.72
Fee Bullet bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$56.58
Costs to cover0.227%Break-evennever at this rate
Slippage: Bullet: live order book, 20 min ago; TxFlow: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet0.632.8 bp−$314.4 bp−$144doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.985.5 bp−$57.8 bp−$7820.2 bp−$2,021297.7 bp−$148.8K
Closing costs about the same again.
| 10-23 19:28 | Markets by Kinetiq | Other | WTI Crude Oil is back above $100, up 6% this week. Houthi strikes on Saudi Arabia are escalating, ship attacks near Hormuz just hit a record month, and US crude stocks have fallen three weeks straight. @Markets_xyz on X ↗ |
| 10-23 10:17 | SoDEX | Other | 🛢️ $CL: Will Oil Keep Rising? 🔥 Middle East tensions are heating up! Where will oil prices head next? 👀 ✅ Vote below ✅ Share your $CL position ✅ Comment your prediction! 📊 POLL: Where will $CL be by Dec 31, 2026? @sodex_official on X ↗ |
| 10-22 15:08 | BingX | Other | When commodities make headlines, depth matters 📊 Trade GOLD, WTI, BRENT, and SILVER perpetuals with deeper order books on #BingXTradFi. Up to 5.1x the depth vs No.2 (GOLD-USDT, 100 bps). See the breakdown 👇 @BingXOfficial on X ↗ |
| 10-20 08:13 | ApeX Omni | Other | Oil cracked. WTI -4.7% is the biggest move on the tape. bitcoin:native $81,703 -1.3%, ethereum:native $2,395 -1.5%, while $NDAQ added 1.1%. $527M went into spot bitcoin ETFs, the best day since September, with IBIT alone taking $665M. Fear and greed 55. @OfficialApeXdex on X ↗ |
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| 10-19 10:35 | Phemex | Other | WTI just printed below $97 while Brent holds ~$108. Oil’s pullback after Friday’s spike is more technical + Russia supply hope than a clean demand collapse. For crypto traders, lower energy costs can ease inflation pressure — but geopolitics still keep the floor elevated. Execution quality matters more than the narrative when macro signals flip. @Phemex_official on X ↗ |

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