Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7851 | +0.0100 | pay 0.0100% / 8h | 1h 16m | — | $6.5M | — | Long BingX | |
| SHORT | 0.7854 | +0.0096 | get 0.0012% / 1h | 16m 11s | $66K | $182K | 20x | Short Popdex |
Price gap+0.038%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0004% /8h now · paid −0.004% over the last 6 days (all we have)
Price+$3spread +0.038% now, avg +0.005% → +0.033% if it goes back
Costs−$1031.028% of $10k · taker + slippage, in and out
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
Popdex price against BingXnow
RANGE STATS · 7D
Now+0.038%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAPT on 30 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size15.2 / 28.6 bpAt $10k entering Popdex costs 28.6 bp, fee and slippage, 1.9× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Popdex 20x. 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: −$0.12Long BingX: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.038% vs +0.005%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Open interest unknown— vs $66K OIBingX reports no open interest, so the legs cannot be compared.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Popdex NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0002%/8h × 21 periods−$0.52
Price spread+0.038% → +0.005% (7d avg)+$3.29
Slippage, 4 orderslive order books−$86.45
Fee BingX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$100.07
Costs to cover1.028%Break-evennever at this rate
Slippage: BingX: live order book, 14 min ago; Popdex: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.2715.2 bp−$1532.7 bp−$327222.1 bp−$22.2K636.4 bp−$318.2K
SELL · SHORTPopdex1.2828.6 bp−$29228.0 bp−$2,280doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya