TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.1156+0.0100pay 0.0013% / 1h58m 35s$514K$288K50xLong TxFlow5% off
SHORT1.118700.0000% / 8h3h 58m$156K$28K100xShort Gate
Price gap+0.278%
Funding gap−0.0100% /8h

The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 3.7 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$20−0.0100% /8h now · paid −0.204% over the last 7D
Price+$11spread +0.278% now, avg +0.166% → +0.112% if it goes back
Costs−$1121.124% of $10k · taker + slippage, in and out
Result−$122−1.22%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.278%
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

/8h

EUR on 19 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size7.5 / 71.5 bp
    At $10k entering Gate costs 71.5 bp, fee and slippage, 9.5× TxFlow’s.
  • Note: Margin at max leverage$200 + $100
    TxFlow 50x, Gate 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments 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.
  • OK: Entry gap works for you+0.278% vs +0.166%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$156K vs $514K OI
    Gate sets your exit cost. Check its book before closing.
  • OK: Points on a legTxFlow points
    Volume here counts toward the points program.
  • Watch: KYCTxFlow No · Gate Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0097%/8h × 21 periods−$20.37
Price spread+0.278% → +0.166% (7d avg)+$11.21
Slippage, 4 orderslive order books−$88.36
Fee TxFlow bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$121.52
Costs to cover1.124%Break-evennever at this rate
Slippage: TxFlow: live order book, 23 min ago; Gate: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGTxFlow0.907.5 bp−$817.1 bp−$171doesn’t fitdoesn’t fit
SELL · SHORTGate6.2571.5 bp−$72doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

EUR news

posts that mention EUR or Euro, from every exchangeSearch all news →
10-27 15:30OKXOtherTrade, fund, and manage your portfolio in Euros. Our unified EUR order book marks the next phase of our journey in Europe, with more capable products built around how European traders move. Trade EUR pairs now. @okx on X ↗
10-23 12:59AvantisOtherMore unique assets 🤝 increased liquidity. This is why we're accommodating the largest commodities and FX trades onchain. 10-15M single clip trades on $XAU, $EURUSD, and more are happening daily. Trade the untradeable 😤 @verantaxyz on X ↗
10-21 13:43OKXOtherWe’re setting a new standard for euro-denominated crypto trading with EURC. By integrating EURC by @circle into our unified EUR order book, EEA traders can access fiat and stablecoin liquidity through one market, another key step toward building Europe's leading financial app. Read the announcement: @okx on X ↗
10-20 18:05AvantisOtherThe euro has experienced weakness, hitting a 17-month low against the dollar on hawkish Fed talk and a weekend of French protests. This trader is betting on a short term reversal 📈 @verantaxyz on X ↗
10-20 18:05AvantisOtherThe largest single onchain FX trade was just executed on Veranta: a $19M $EURUSD long with 190x leverage. 💪 This trader paid zero trading fees and only ~1bp spread to open the trade. We're increasingly seeing FX and commodities traders choose Veranta as the best onchain venue to trade in size. @verantaxyz on X ↗
10-19 23:45HibachiContestWeek 23 of The Playoffs is complete. Points - 77.5M in circulation (+1.29% WoW) - Weekly distribution is back to 1 million points/week - EUR/USD and BTC/USD earn up to a 1.5x points boost Hibachi Open Recap - $435M eligible volume generated over 12 days - $300M milestone reached, $6,000 cash prize pool unlocked - Final leaderboard in comment below Points will be granted on October 26 and cash rewards will be deposited into your account over the next 48 hours. Product - Working towards fresh smart contract audits for upcoming spot deployment - Improving stability and scalability over key systems for faster and more performant trading - FLP at 14.8% APR + points, deposits are open It’s HEATing up. @hibachi_xyz on X ↗