Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 101.03 | −0.0112 | get 0.0014% / 1h | 0m 03s | $550K | $1.3M | 25x | Long TxFlow5% off | |
| SHORT | 100.97 | −0.0047 | pay 0.0006% / 1h | 0m 03s | $348K | $15K | 20x | Short Phoenix |
Price gap−0.059%59s
Funding gap+0.0064% /8h
Funding pays +$2 a day on $10k, but the gap is 0.102% under its 7d average: −$10 if it goes back, about 5.3 days of funding. At the last 7 days' pace that is about 12 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0064% /8h now · paid +0.058% over the last 7D
Price—spread −0.059%59s now · prices read too far apart to compare
Costs−$290.289% of $10k · taker + slippage, in and out
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−0.059%
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 46 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books5.0 / 9.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $500TxFlow 25x, Phoenix 20x. 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: +$1.93Long TxFlow: 24 payments, +$3.35; short Phoenix: 24 payments, −$1.41.
- Watch: Prices read 59 s apart−0.059% vs +0.042%Part of this gap may be the market moving.
- Watch: Short leg is thinner$348K vs $550K OIPhoenix 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 legTxFlow No · Phoenix NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0028%/8h × 21 periods+$5.81
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$12.86
Fee TxFlow bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k−$23.05
price spread not counted: prices read too far apartCosts to cover0.289%Break-even34.7 days
Slippage: TxFlow: live order book, 3 min ago; Phoenix: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.505.0 bp−$55.3 bp−$5310.5 bp−$1,052doesn’t fit
SELL · SHORTPhoenix2.989.5 bp−$917.4 bp−$174doesn’t fitdoesn’t fit
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 ↗ |
| 10-19 19:35 | BingX | Other | Brent topped $110, WTI broke $100, and diesel hit records as Hormuz attacks escalate. Energy rallied while the Nasdaq fell 4.5%. Oil is back driving inflation and rate fears 🛢️ @BingXOfficial on X ↗ |
| 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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