Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2475 | −0.0128 | get 0.0016% / 1h | 29m 59s | $3K | $122K | 10x | Long Phoenix | |
| SHORT | 0.2474 | +0.0096 | get 0.0012% / 1h | 29m 59s | $104K | $199K | 50x | Short Popdex |
Price gap−0.057%59s
Funding gap+0.0224% /8h
Funding trade: +$7 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
The two prices were read 59 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+$49+0.0224% /8h now · paid +0.490% over the last 7D
Price—spread −0.057%59s now · prices read too far apart to compare
Costs−$440.444% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Entry / ExitPhoenix: thin, under $1M open interest · Popdex: thin, under $1M open interest
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−0.057%
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
/8hADA on 37 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Large against open interest13.0 / 8.0 bp$10k is over 10% of Phoenix’s open interest.
- Note: Margin at max leverage$1,000 + $200Phoenix 10x, 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: +$6.73Long Phoenix: 24 payments, +$3.85; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 59 s apart−0.057% vs −0.070%Part of this gap may be the market moving.
- Watch: Long leg is thinner$3K vs $104K OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPhoenix No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0257%/8h × 21 periods+$53.99
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$31.04
Fee Phoenix bp × 2 orders−$7.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$9.56
price spread not counted: prices read too far apartCosts to cover0.444%Break-even5.8 days
Slippage: Phoenix: live order book, 60 min ago; Popdex: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix0.8113.0 bp−$1352.5 bp−$525doesn’t fitdoesn’t fit
SELL · SHORTPopdex2.428.0 bp−$839.3 bp−$393doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 01:05 | Reya | Listing | ADARUSDPERP no longer reported ($ADA) seen by our collector |
| 09-17 09:00 | SoDEX | Listing | Announcement on the Delisting of ADA Spot Trading Pairs & Suspension of Withdrawals Dear SoDEX Users, To optimize our trading options and ensure a robust trading environment, SoDEX will delist ADA spot trading pairs and subsequently close ADA withdrawal services. The detailed schedule is as follows: 1. Delisting of ADA Spot Trading • Trading: SoDEX will suspend trading and delist all ADA spot trading pairs at 08:00 (UTC) on October 12, 2026 (16:00 UTC+8). All open spot orders will be automatically canceled upon delisting. • Deposits: Deposit services for ADA tokens will be suspended at 08:00 (UTC) on October 12, 2026 (16:00 UTC+8). Please note: ADA tokens deposited after this time will not be credited to your account. 2. Suspension of ADA Withdrawals • Withdrawals: SoDEX will officially close withdrawal services for ADA tokens at 08:00 (UTC) on November 12, 2026 (16:00 UTC+8). • ⚠️ Important Notice: Please ensure you withdraw your ADA tokens to an external wallet or another platform prior to the withdrawal closure deadline. Once withdrawals are disabled, you will no longer be able to retrieve or transfer your ADA assets. Thank you for your continued support and understanding! SoDEX Team 2026-09-17 @sodex_official on X ↗ |
Reya
SoDEX