Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 371.27 | +0.0100 | pay 0.0013% / 1h | 24m 11s | $308K | $612K | 20x | Long TxFlow5% off | |
| SHORT | 371.48 | +0.0559 | get 0.0070% / 1h | 24m 11s | $41K | $51K | 10x | Short Bullet |
Price gap+0.057%
Funding gap+0.0459% /8h
Both sides work: funding pays +$14 a day on $10k, and the gap is 0.057% above zero (no 7-day history yet): +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$58+0.0459% /8h now · paid +0.575% over the last 7D
Price—spread +0.057% now · no price history on both exchanges yet
Costs−$240.242% of $10k · taker + slippage, in and out
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+0.057%
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
/8hTSLA on 46 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Watch: Large against open interest13.5 / 3.1 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$500 + $1,000TxFlow 20x, Bullet 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: +$13.77Long TxFlow: 24 payments, −$3.00; short Bullet: 24 payments, +$16.77.
- Note: No 7-day spread history+0.057%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$41K vs $308K OIBullet 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 · Bullet NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0274%/8h × 21 periods+$57.51
Price spread+0.057% → 0+$5.66
Slippage, 4 orderslive order books−$15.18
Fee TxFlow bp × 2 orders−$9.00
Fee Bullet bp × 2 orders$0.00
Net · 7 days · $10k+$38.98
Costs to cover0.242%Break-even2.3 days
Slippage: TxFlow: live order book, 53 min ago; Bullet: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.1413.5 bp−$1417.8 bp−$17835.4 bp−$3,544339.2 bp−$169.6K
SELL · SHORTBullet2.023.1 bp−$318.7 bp−$187doesn’t fitdoesn’t fit
Closing costs about the same again.
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