Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,048.7 | +0.0100 | pay 0.0013% / 1h | 9m 11s | $25K | $105K | 50x | Long TxFlow5% off | |
| SHORT | 1,049.9 | 0 | 0.0000% / 4h | 1h 09m | $4.5M | $6.0M | 100x | Short Binance |
Price gap+0.115%
Funding gap−0.0100% /8h
The gap pays +$12 on $10k if it goes back to zero (no 7-day history yet), but funding costs $3 a day and eats that in about 3.8 days. At the last 7 days' pace that is about 18 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—spread +0.115% now · no price history on both exchanges yet
Costs−$420.416% 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+0.115%
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 · 4 to watch- Watch: Large against open interest10.4 / 10.2 bp$10k is over 10% of TxFlow’s open interest.
- Note: Margin at max leverage$200 + $100TxFlow 50x, Binance 100x. 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 Binance: 6 payments, $0.00.
- Note: No 7-day spread history+0.115%The gap cannot be compared with its average yet.
- Watch: Long 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: KYCTxFlow No · Binance YesVerified 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+0.115% → 0+$11.55
Slippage, 4 orderslive order books−$24.57
Fee TxFlow bp × 2 orders−$9.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$34.41
Costs to cover0.416%Break-evennever at this rate
Slippage: TxFlow: live order book, 40 min ago; Binance: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.2810.4 bp−$1031.7 bp−$317doesn’t fitdoesn’t fit
SELL · SHORTBinance0.3810.2 bp−$1026.0 bp−$260doesn’t fitdoesn’t fit
Closing costs about the same again.
Kalshi