Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 890.94 | +0.0100 | pay 0.0013% / 1h | 25m 04s | $263K | $319K | 20x | Long TxFlow5% off | |
| SHORT | 890.23 | +0.0164 | get 0.0020% / 1h | 25m 04s | $160.0M | $15.3M | 10x | Short tradeXYZ |
Price gap−0.080%
Funding gap+0.0064% /8h
Funding pays +$2 a day on $10k, but the gap is 0.030% under its 7d average: −$3 if it goes back, about 38 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$29+0.0064% /8h now · paid −0.291% over the last 7D
Price−$3spread −0.080% now, avg −0.049% → −0.030% if it goes back
Costs−$170.171% of $10k · taker + slippage, in and out
Result−$49−0.49%+ Points / potential airdropTxFlow: points · tradeXYZ: 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−0.080%
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
/8hMU on 46 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books6.4 / 1.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $1,000TxFlow 20x, tradeXYZ 10x. 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: +$1.92Long TxFlow: 24 payments, −$3.00; short tradeXYZ: 24 payments, +$4.92.
- Watch: Gap narrower than usual−0.080% vs −0.049%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$263K vs $160.0M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · tradeXYZ pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · tradeXYZ NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0138%/8h × 21 periods−$29.06
Price spread−0.080% → −0.049% (7d avg)−$3.02
Slippage, 4 orderslive order books−$6.31
Fee TxFlow bp × 2 orders−$9.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$49.19
Costs to cover0.171%Break-evennever at this rate
Slippage: TxFlow: live order book, 41 min ago; tradeXYZ: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.576.4 bp−$66.5 bp−$6521.4 bp−$2,141163.2 bp−$81.6K
SELL · SHORTtradeXYZ0.671.7 bp−$23.1 bp−$318.7 bp−$87546.5 bp−$23.2K
Closing costs about the same again.
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