Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 159.82 | +0.0100 | pay 0.0013% / 1h | 59m 56s | $125K | $450K | 50x | Long ApeX Omni5% off | |
| SHORT | 159.95 | +0.0096 | get 0.0012% / 1h | 59m 56s | $110K | $481K | 50x | Short Popdex |
Price gap+0.081%57s
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$9 on $10k if the gap goes back to its 7d average.
The two prices were read 57 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2−0.0004% /8h now · paid +0.021% over the last 6 days (all we have)
Price—spread +0.081%57s now · prices read too far apart to compare
Costs−$430.431% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.081%
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
/8hAAVE on 42 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books13.4 / 8.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $200ApeX Omni 50x, Popdex 50x. 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: −$0.12Long ApeX Omni: 24 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 57 s apart+0.081% vs −0.006%Part of this gap may be the market moving.
- Watch: Short leg is thinner$110K vs $125K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legApeX Omni No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0011%/8h × 21 periods+$2.29
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$26.69
Fee ApeX Omni bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$40.80
price spread not counted: prices read too far apartCosts to cover0.431%Break-even131.8 days
Slippage: ApeX Omni: live order book, 56 min ago; Popdex: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGApeX Omni5.9513.4 bp−$1397.4 bp−$974doesn’t fitdoesn’t fit
SELL · SHORTPopdex2.828.7 bp−$958.1 bp−$581doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 01:05 | Reya | Listing | AAVERUSDPERP no longer reported ($AAVE) seen by our collector |
| 09-29 11:00 | Bulk | Listing | AAVE-USD no longer reported ($AAVE) seen by our collector |
| 09-29 08:55 | ApeX Omni | Other | 50 up, 36 down on the ApeX board, median +1.1%. DeFi and payment names swept it: $CRV +21.5%, $HBAR +20.3%, ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 +15.8%, $XLM +11.2%, $AAVE +11.2%. ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 has bounced 64% off its August low since ApeX confirmed on 9 Sep that supply is fixed at 500M with no unlocks left. @OfficialApeXdex on X ↗ |
| 09-28 15:17 | OKX | Other | New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗ |
| 09-19 12:00 | KuCoin | Other | Altseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗ |
Reya
Bulk
OKX
KuCoin