Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7825 | +0.0096 | pay 0.0012% / 1h | 50m 48s | $66K | $260K | 20x | Long Popdex | |
| SHORT | 0.7831 | +0.0100 | get 0.0100% / 8h | 3h 50m | $91K | $330K | 20x | Short Aster≤10% back |
Price gap+0.078%
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$6 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+$2+0.0004% /8h now · paid +0.016% over the last 7D
Price+$6spread +0.078% now, avg +0.020% → +0.058% if it goes back
Costs−$1021.019% of $10k · taker + slippage, in and out
Result−$95−0.95%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.078%
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 · 3 to watch- Watch: Thin at this size38.4 / 12.1 bpAt $10k entering Popdex costs 38.4 bp, fee and slippage, 3.2× Aster’s.
- Note: Margin at max leverage$500 + $500Popdex 20x, Aster 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short Aster: 3 payments, +$3.00.
- OK: Entry gap works for you+0.078% vs +0.020%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$66K vs $91K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legPopdex No · Aster NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0008%/8h × 21 periods+$1.61
Price spread+0.078% → +0.020% (7d avg)+$5.77
Slippage, 4 orderslive order books−$87.48
Fee Popdex bp × 2 orders−$6.40
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$94.50
Costs to cover1.019%Break-even418.8 days
Slippage: Popdex: live order book, 18 min ago; Aster: live order book, 18 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex5.7138.4 bp−$38216.2 bp−$2,162doesn’t fitdoesn’t fit
SELL · SHORTAster2.5412.1 bp−$12doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Reya