Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,057.1 | 0 | 0.0000% / 4h | 3h 57m | $4.5M | $6.4M | 100x | Long Binance | |
| SHORT | 1,055.6 | +0.0100 | get 0.0013% / 1h | 57m 15s | $25K | $114K | 50x | Short TxFlow5% off |
Price gap−0.136%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.038% under its 7d average: −$4 if it goes back, about 30 hours of funding. At the last 7 days' pace that is about 6.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4+0.0100% /8h now · paid +0.044% over the last 7D
Price−$4spread −0.136% now, avg −0.099% → −0.038% if it goes back
Costs−$370.368% of $10k · taker + slippage, in and out
Result−$36−0.36%+ 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−0.136%
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
/8hXPD on 19 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Large against open interest5.3 / 10.5 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$100 + $200Binance 100x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$3.00Long Binance: 6 payments, $0.00; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.136% vs −0.099%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$25K vs $4.5M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- Watch: KYCBinance Yes · TxFlow NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0021%/8h × 21 periods+$4.39
Price spread−0.136% → −0.099% (7d avg)−$3.76
Slippage, 4 orderslive order books−$19.81
Fee Binance bp × 2 orders−$8.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$36.18
Costs to cover0.368%Break-even64.6 days
Slippage: Binance: live order book, 11 min ago; TxFlow: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.955.3 bp−$520.5 bp−$205doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.5710.5 bp−$1034.8 bp−$348doesn’t fitdoesn’t fit
Closing costs about the same again.
Kalshi