Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7832 | +0.0081 | pay 0.0081% / 8h | 4h 36m | $5.9M | $12.4M | 50x | Long OKX | |
| SHORT | 0.7829 | +0.0096 | get 0.0012% / 1h | 36m 11s | $66K | $261K | 20x | Short Popdex |
Price gap−0.038%
Funding gap+0.0015% /8h
Funding pays $0 a day on $10k, but the gap is 0.050% under its 7d average: −$5 if it goes back, about 11 days of funding. At the last 7 days' pace that is about 3.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10+0.0015% /8h now · paid +0.098% over the last 7D
Price−$5spread −0.038% now, avg +0.012% → −0.050% if it goes back
Costs−$900.905% 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−0.038%
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
0 ok · 5 to watch- Watch: Thin at this size12.0 / 37.6 bpAt $10k entering Popdex costs 37.6 bp, fee and slippage, 3.1× OKX’s.
- Note: Margin at max leverage$200 + $500OKX 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: +$0.45Long OKX: 3 payments, −$2.43; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.038% vs +0.012%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$66K vs $5.9M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Popdex NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0048%/8h × 21 periods+$10.14
Price spread−0.038% → +0.012% (7d avg)−$5.01
Slippage, 4 orderslive order books−$74.08
Fee OKX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$85.34
Costs to cover0.905%Break-even65.9 days
Slippage: OKX: live order book, 4 min ago; Popdex: live order book, 38 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX0.6412.0 bp−$1247.9 bp−$479doesn’t fitdoesn’t fit
SELL · SHORTPopdex1.2837.6 bp−$38261.1 bp−$2,611doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya