Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 119.51 | +0.0096 | pay 0.0012% / 1h | 51m 45s | $108K | $671K | 50x | Long Popdex | |
| SHORT | 119.40 | +0.0040 | get 0.0005% / 1h | 51m 45s | $102K | $428K | 10x | Short Lighter RH+10% pts |
Price gap−0.089%
Funding gap−0.0056% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.080% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.0056% /8h now · paid −0.029% over the last 7D
Price−$8spread −0.089% now, avg −0.008% → −0.080% if it goes back
Costs−$300.299% of $10k · taker + slippage, in and out
Result−$41−0.41%+ Points / potential airdropLighter RH: Points live · 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−0.089%
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 45 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books11.1 / 4.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Popdex 50x, Lighter RH 10x. 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: −$1.68Long Popdex: 24 payments, −$2.88; short Lighter RH: 24 payments, +$1.20.
- Watch: Gap narrower than usual−0.089% vs −0.008%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$102K vs $108K OILighter RH sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · Lighter RH NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0015%/8h × 21 periods−$3.20
Price spread−0.089% → −0.008% (7d avg)−$8.03
Slippage, 4 orderslive order books−$23.48
Fee Popdex bp × 2 orders−$6.40
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$41.11
Costs to cover0.299%Break-evennever at this rate
Slippage: Popdex: live order book, 41 min ago; Lighter RH: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex4.1611.1 bp−$1142.2 bp−$422doesn’t fitdoesn’t fit
SELL · SHORTLighter RH3.234.2 bp−$420.0 bp−$200doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 14:30 | Lighter RH | Listing | new market AAVE ($AAVE) seen by our collector |
| 10-15 08:55 | Reya | Listing | new market AAVERUSDPERP ($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 ↗ |


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