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 | 21m 57s | $393K | $376K | 20x | Long TxFlow5% off | |
| SHORT | 371.74 | 0 | 0.0000% / 4h | 3h 21m | $678K | $31K | 10x | Short Phemex |
Price gap+0.127%
Funding gap−0.0100% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$56−0.0100% /8h now · paid −0.556% over the last 7D
Price+$2spread +0.127% now, avg +0.110% → +0.017% if it goes back
Costs−$320.315% of $10k · taker + slippage, in and out
Result−$85−0.85%+ 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+0.127%
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
2 ok · 3 to watch- OK: Fits both order books7.0 / 8.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $1,000TxFlow 20x, Phemex 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.00Long TxFlow: 24 payments, −$3.00; short Phemex: 6 payments, $0.00.
- Note: Gap at its usual level+0.127% vs +0.110%The price leg adds little either way.
- Watch: Long leg is thinner$393K vs $678K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCTxFlow No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0265%/8h × 21 periods−$55.56
Price spread+0.127% → +0.110% (7d avg)+$1.71
Slippage, 4 orderslive order books−$10.51
Fee TxFlow bp × 2 orders−$9.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$85.37
Costs to cover0.315%Break-evennever at this rate
Slippage: TxFlow: live order book, 11 min ago; Phemex: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.627.0 bp−$79.9 bp−$9929.7 bp−$2,974298.6 bp−$149.3K
SELL · SHORTPhemex2.838.8 bp−$98.9 bp−$8913.0 bp−$1,303doesn’t fit
Closing costs about the same again.
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| 10-23 12:15 | SoDEX | Points | 🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗ |

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