Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 371.14 | +0.0100 | pay 0.0013% / 1h | 15m 24s | $390K | $603K | 20x | Long TxFlow5% off | |
| SHORT | 371.15 | +0.0089 | get 0.0011% / 1h | 15m 24s | $44.8M | $2.2M | 20x | Short tradeXYZ |
Price gap+0.003%
Funding gap−0.0011% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $0 a day and eats that in about 14 days. At the last 7 days' pace that is about 22 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$36−0.0011% /8h now · paid −0.363% over the last 7D
Price+$5spread +0.003% now, avg −0.044% → +0.047% if it goes back
Costs−$200.199% of $10k · taker + slippage, in and out
Result−$52−0.52%+ 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+0.003%
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
5 ok · 1 to watch- OK: Fits both order books7.4 / 3.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $500TxFlow 20x, tradeXYZ 20x. 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: −$0.34Long TxFlow: 24 payments, −$3.00; short tradeXYZ: 24 payments, +$2.66.
- OK: Entry gap works for you+0.003% vs −0.044%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$390K vs $44.8M 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−0.0173%/8h × 21 periods−$36.27
Price spread+0.003% → −0.044% (7d avg)+$4.66
Slippage, 4 orderslive order books−$9.15
Fee TxFlow bp × 2 orders−$9.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$51.55
Costs to cover0.199%Break-evennever at this rate
Slippage: TxFlow: live order book, 66 min ago; tradeXYZ: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow1.357.4 bp−$710.6 bp−$10643.8 bp−$4,382doesn’t fit
SELL · SHORTtradeXYZ0.403.1 bp−$35.7 bp−$5722.8 bp−$2,28488.2 bp−$44.1K
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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