Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 71.010 | +0.0586 | pay 0.0586% / 8h | 6h 57m | $267K | $1.0M | 30x | Long HTX | |
| SHORT | 70.880 | +0.0284 | get 0.0035% / 1h | 57m 54s | $85K | $390K | 20x | Short TxFlow5% off |
Price gap−0.183%
Funding gap−0.0302% /8h
Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.033% 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+$8−0.0302% /8h now · paid +0.078% over the last 7D
Price−$3spread −0.183% now, avg −0.151% → −0.033% if it goes back
Costs−$370.366% of $10k · taker + slippage, in and out
Result−$32−0.32%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.078% in total, about +0.0037%/8h on average.
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−0.183%
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
1 ok · 5 to watch- Watch: Large against open interest9.5 / 8.0 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$333 + $500HTX 30x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$9.06Long HTX: 3 payments, −$17.57; short TxFlow: 24 payments, +$8.51.
- Watch: Gap narrower than usual−0.183% vs −0.151%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$85K vs $267K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCHTX Limited · TxFlow NoNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0037%/8h × 21 periods+$7.76
Price spread−0.183% → −0.151% (7d avg)−$3.25
Slippage, 4 orderslive order books−$15.59
Fee HTX bp × 2 orders−$12.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$32.08
Costs to cover0.366%Break-even35.9 days
Slippage: HTX: live order book, 5 min ago; TxFlow: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX3.529.5 bp−$1014.2 bp−$142doesn’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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