Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 70.690 | +0.0258 | pay 0.0032% / 1h | 56m 51s | $85K | $390K | 20x | Long TxFlow5% off | |
| SHORT | 69.670 | +0.0100 | get 0.0013% / 1h | 56m 51s | $74K | $191K | 50x | Short ApeX Omni5% off |
Price gap−1.443%
Funding gap−0.0158% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 1.367% 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+$7−0.0158% /8h now · paid +0.067% over the last 7D
Price−$137spread −1.443% now, avg −0.076% → −1.367% if it goes back
Costs−$2442.444% of $10k · taker + slippage, in and out
Result−$374−3.74%+ 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−1.443%
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 size9.6 / 113.4 bpAt $10k entering ApeX Omni costs 113.4 bp, fee and slippage, 11.9× TxFlow’s.
- Note: Margin at max leverage$500 + $200TxFlow 20x, ApeX Omni 50x. 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: −$4.73Long TxFlow: 24 payments, −$7.73; short ApeX Omni: 24 payments, +$3.00.
- Watch: Gap narrower than usual−1.443% vs −0.076%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$74K vs $85K OIApeX Omni 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 legTxFlow No · ApeX Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0032%/8h × 21 periods+$6.74
Price spread−1.443% → −0.076% (7d avg)−$136.69
Slippage, 4 orderslive order books−$225.39
Fee TxFlow bp × 2 orders−$9.00
Fee ApeX Omni bp × 2 orders−$10.00
Net · 7 days · $10k−$374.34
Costs to cover2.444%Break-even395.7 days
Slippage: TxFlow: live order book, 29 min ago; ApeX Omni: live order book, 26 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.119.6 bp−$1015.8 bp−$158107.8 bp−$10.8Kdoesn’t fit
SELL · SHORTApeX Omni108.41113.4 bp−$113doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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