Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 159.93 | +0.0004 | pay 0.0004% / 8h | 7h 59m | $12.5M | $21.3M | 75x | Long KuCoin | |
| SHORT | 159.85 | +0.0096 | get 0.0012% / 1h | 59m 16s | $110K | $479K | 50x | Short Popdex |
Price gap−0.050%
Funding gap+0.0092% /8h
Funding pays +$3 a day on $10k, but the gap is 0.053% under its 7d average: −$5 if it goes back, about 46 hours of funding. At the last 7 days' pace that is about 11 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0092% /8h now · paid +0.030% over the last 6 days (all we have)
Price−$5spread −0.050% now, avg +0.003% → −0.053% if it goes back
Costs−$510.512% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.050%
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
0 ok · 5 to watch- Watch: Thin at this size16.5 / 8.7 bpAt $10k entering KuCoin costs 16.5 bp, fee and slippage, 1.9× Popdex’s.
- Note: Margin at max leverage$133 + $200KuCoin 75x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$2.76Long KuCoin: 3 payments, −$0.12; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.050% vs +0.003%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$110K vs $12.5M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKuCoin Yes · Popdex NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0016%/8h × 21 periods+$3.30
Price spread−0.050% → +0.003% (7d avg)−$5.26
Slippage, 4 orderslive order books−$32.76
Fee KuCoin bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$53.12
Costs to cover0.512%Break-even119.5 days
Slippage: KuCoin: live order book, 8 min ago; Popdex: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin1.5616.5 bp−$1635.7 bp−$357doesn’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 ↗ |


Bulk
ApeX Omni
OKX