Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.1136 | +0.0032 | pay 0.0004% / 1h | 51m 21s | $5.9M | $2.4M | 100x | Long Extended10% off | |
| SHORT | 1.1155 | +0.0100 | get 0.0013% / 1h | 51m 21s | $534K | $265K | 50x | Short TxFlow5% off |
Price gap+0.169%
Funding gap+0.0068% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.129% above its 7d average: +$13 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0068% /8h now · paid +0.068% over the last 7D
Price+$13spread +0.169% now, avg +0.040% → +0.129% if it goes back
Costs−$340.342% of $10k · taker + slippage, in and out
Result−$14−0.14%+ Points / potential airdropExtended: points · TxFlow: 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+0.169%
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
/8hEUR on 19 exchanges
lowest funding firstBefore you open
5 ok · 1 to watch- OK: Fits both order books9.2 / 5.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$100 + $200Extended 100x, TxFlow 50x. 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: +$2.04Long Extended: 24 payments, −$0.96; short TxFlow: 24 payments, +$3.00.
- OK: Entry gap works for you+0.169% vs +0.040%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$534K vs $5.9M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legExtended points · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0033%/8h × 21 periods+$6.83
Price spread+0.169% → +0.040% (7d avg)+$12.91
Slippage, 4 orderslive order books−$20.17
Fee Extended bp × 2 orders−$5.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$14.43
Costs to cover0.342%Break-even21.8 days
Slippage: Extended: live order book, 1 min ago; TxFlow: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended1.989.2 bp−$935.7 bp−$357doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.905.4 bp−$524.3 bp−$243doesn’t fitdoesn’t fit
Closing costs about the same again.
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