Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 161.52 | +0.0096 | pay 0.0012% / 1h | 23m 21s | $106K | $965K | 50x | Long Popdex | |
| SHORT | 161.38 | −0.0014 | pay 0.0014% / 8h | 6h 23m | $5.6M | $5.4M | 50x | Short Variational Omni+15% pts |
Price gap−0.084%
Funding gap−0.0110% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.041% 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−$13−0.0110% /8h now · paid −0.130% over the last 6 days (all we have)
Price−$4spread −0.084% now, avg −0.043% → −0.041% if it goes back
Costs−$240.244% of $10k · taker + slippage, in and out
Result−$41−0.41%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Variational Omni price against Popdexnow
RANGE STATS · 7D
Now−0.084%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAAVE on 41 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books4.9 / 7.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $200Popdex 50x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.31Long Popdex: 24 payments, −$2.88; short Variational Omni: 3 payments, −$0.43.
- Watch: Gap narrower than usual−0.084% vs −0.043%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$106K vs $5.6M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0076%/8h × 21 periods−$15.95
Price spread−0.084% → −0.043% (7d avg)−$4.08
Slippage, 4 orderslive order books−$18.00
Fee Popdex bp × 2 orders−$6.40
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$44.43
Costs to cover0.244%Break-evennever at this rate
Slippage: Popdex: live order book, 21 min ago; Variational Omni: RFQ quote, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.924.9 bp−$525.6 bp−$256doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni3.037.5 bp−$811.7 bp−$117doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 01:05 | Reya | Listing | AAVERUSDPERP no longer reported ($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 ↗ |


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