Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7926 | +0.0088 | pay 0.0011% / 1h | 0m 27s | $117K | $1.6M | 25x | Long Extended10% off | |
| SHORT | 0.7931 | +0.0096 | get 0.0012% / 1h | 0m 27s | $66K | $227K | 20x | Short Popdex |
Price gap+0.067%
Funding gap+0.0008% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0008% /8h now · paid +0.019% over the last 6 days (all we have)
Price+$2spread +0.067% now, avg +0.050% → +0.017% if it goes back
Costs−$910.909% of $10k · taker + slippage, in and out
Result−$87−0.87%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.067%
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
3 ok · 2 to watch- Watch: Thin at this size11.8 / 29.4 bpAt $10k entering Popdex costs 29.4 bp, fee and slippage, 2.5× Extended’s.
- Note: Margin at max leverage$400 + $500Extended 25x, Popdex 20x. 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: +$0.24Long Extended: 24 payments, −$2.64; short Popdex: 24 payments, +$2.88.
- Note: Gap at its usual level+0.067% vs +0.050%The price leg adds little either way.
- Watch: Short leg is thinner$66K vs $117K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0010%/8h × 21 periods+$2.08
Price spread+0.067% → +0.050% (7d avg)+$1.72
Slippage, 4 orderslive order books−$79.52
Fee Extended bp × 2 orders−$5.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$87.12
Costs to cover0.909%Break-even300.1 days
Slippage: Extended: live order book, 1 min ago; Popdex: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended2.5211.8 bp−$12119.7 bp−$1,197doesn’t fitdoesn’t fit
SELL · SHORTPopdex1.2729.4 bp−$29267.7 bp−$2,677doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya