Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.1156 | +0.0100 | pay 0.0013% / 1h | 58m 35s | $514K | $288K | 50x | Long TxFlow5% off | |
| SHORT | 1.1187 | 0 | 0.0000% / 8h | 3h 58m | $156K | $28K | 100x | Short 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 forecastFunding−$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 · 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+0.278%
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
/8hEUR on 19 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size7.5 / 71.5 bpAt $10k entering Gate costs 71.5 bp, fee and slippage, 9.5× TxFlow’s.
- Note: Margin at max leverage$200 + $100TxFlow 50x, Gate 100x. 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.
- 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 OIGate 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−0.0097%/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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
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