Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 320.96 | +0.0050 | pay 0.0006% / 1h | 17m 36s | $179K | $9K | 10x | Long Backpack | |
| SHORT | 320.61 | −0.0037 | pay 0.0005% / 1h | 17m 36s | $99.2M | $6.0M | 20x | Short tradeXYZ |
Price gap−0.109%
Funding gap−0.0087% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.047% 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−$44−0.0087% /8h now · paid −0.436% over the last 7D
Price−$5spread −0.109% now, avg −0.062% → −0.047% if it goes back
Costs−$160.159% of $10k · taker + slippage, in and out
Result−$64−0.64%+ Points / potential airdroptradeXYZ: 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−0.109%
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
/8hGOOGL on 43 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books5.9 / 2.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500Backpack 10x, tradeXYZ 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: −$2.61Long Backpack: 24 payments, −$1.50; short tradeXYZ: 24 payments, −$1.11.
- Watch: Gap narrower than usual−0.109% vs −0.062%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$179K vs $99.2M OIBackpack sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- Watch: KYCBackpack Yes · tradeXYZ NoKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0208%/8h × 21 periods−$43.60
Price spread−0.109% → −0.062% (7d avg)−$4.72
Slippage, 4 orderslive order books−$4.14
Fee Backpack bp × 2 orders−$10.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$64.27
Costs to cover0.159%Break-evennever at this rate
Slippage: Backpack: live order book, 16 min ago; tradeXYZ: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack0.165.9 bp−$6doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ0.472.4 bp−$26.6 bp−$6618.3 bp−$1,831113.4 bp−$56.7K
Closing costs about the same again.
| 10-23 16:53 | Backpack | Other | Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗ |
| 10-21 07:41 | Phemex | Other | Earnings season is on. Tesla and Meta report this week. Alphabet, Microsoft, Amazon, Apple and NVIDIA follow through mid-November. 🤑 $200 pool. 20 winners. $10 USDT Bonus each. ✅ Follow @Phemex_official, share your view & Phemex UID below ✅ Post with #EarningsSeason and tag the ticker you’re watching Oct 21 – Oct 30 @Phemex_official on X ↗ |
| 10-20 08:33 | HTX | Other | BIG tech earnings week incoming: Oct 21: $TSLA $META Oct 28: $MSFT $GOOGL Oct 29: $AMZN Which one has the BIGGEST move? Trade them 24/7 on @HTXFutures. @HTX_Global on X ↗ |
| 10-19 18:30 | Arcus | Product | Leverage update on Arcus: $SPCX and MAG7 perpetuals - $AAPL, $MSFT, $GOOGL, $AMZN, $NVDA, $META, $TSLA - now support up to 20x leverage (up from 5x and 10x). Live now. @arcus_xyz on X ↗ |
| 10-19 00:30 | OKX | Other | Tech giants report in the coming weeks. $TSLA $GOOGL $MSFT $META $AAPL $AMZN Trade eligible tokenized stocks anytime or make your earnings picks on Outcomes, where available. @okx on X ↗ |
| 10-15 15:54 | Reya | Listing | Earnings season has started. Microsoft, Alphabet and Meta report on 28 October. Amazon the 29th. Apple on 2 November. Mag 7 perps are live on Reya. Up to 15x. @reya_xyz on X ↗ |


Phemex
HTX
OKX