Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7893 | +0.0084 | pay 0.0084% / 8h | 3h 09m | $25.0M | $18.0M | 50x | Long Bybit | |
| SHORT | 0.7897 | +0.0096 | get 0.0012% / 1h | 9m 46s | $67K | $261K | 20x | Short Popdex |
Price gap+0.051%
Funding gap+0.0012% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.031% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0012% /8h now · paid +0.087% over the last 7D
Price+$3spread +0.051% now, avg +0.020% → +0.031% if it goes back
Costs−$960.957% of $10k · taker + slippage, in and out
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+0.051%
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
/8hAPT on 30 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size12.3 / 35.2 bpAt $10k entering Popdex costs 35.2 bp, fee and slippage, 2.8× Bybit’s.
- Note: Margin at max leverage$200 + $500Bybit 50x, 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: +$0.37Long Bybit: 3 payments, −$2.51; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.051% vs +0.020%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$67K vs $25.0M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · Popdex NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0042%/8h × 21 periods+$8.91
Price spread+0.051% → +0.020% (7d avg)+$3.06
Slippage, 4 orderslive order books−$78.26
Fee Bybit bp × 2 orders−$11.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$83.68
Costs to cover0.957%Break-even72.7 days
Slippage: Bybit: live order book, 5 min ago; Popdex: live order book, 59 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit0.6412.3 bp−$1225.7 bp−$25793.2 bp−$9,321doesn’t fit
SELL · SHORTPopdex5.7135.2 bp−$35252.5 bp−$2,525doesn’t fitdoesn’t fit
Closing costs about the same again.

