Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 70.917 | +0.0361 | pay 0.0045% / 1h | 58m 30s | $1K | $197K | 10x | Long Aftermath Perps5% off | |
| SHORT | 70.880 | +0.0284 | get 0.0035% / 1h | 58m 30s | $85K | $390K | 20x | Short TxFlow5% off |
Price gap−0.052%
Funding gap−0.0078% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.070% 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−$8−0.0078% /8h now · paid −0.077% over the last 7D
Price−$7spread −0.052% now, avg +0.018% → −0.070% if it goes back
Costs−$800.803% of $10k · taker + slippage, in and out
Result−$95−0.95%+ 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−0.052%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size37.1 / 8.0 bpAt $10k entering Aftermath Perps costs 37.1 bp, fee and slippage, 4.6× TxFlow’s.
- Note: Margin at max leverage$1,000 + $500Aftermath Perps 10x, TxFlow 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: −$2.34Long Aftermath Perps: 24 payments, −$10.84; short TxFlow: 24 payments, +$8.51.
- Watch: Gap narrower than usual−0.052% vs +0.018%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1K vs $85K OIAftermath Perps 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 legAftermath Perps No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0037%/8h × 21 periods−$7.73
Price spread−0.052% → +0.018% (7d avg)−$7.03
Slippage, 4 orderslive order books−$62.28
Fee Aftermath Perps bp × 2 orders−$9.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$95.04
Costs to cover0.803%Break-evennever at this rate
Slippage: Aftermath Perps: live order book, 49 min ago; TxFlow: live order book, 27 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAftermath Perps6.4737.1 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.118.0 bp−$814.2 bp−$14292.9 bp−$9,288doesn’t fit
Closing costs about the same again.
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