Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7795 | +0.0096 | pay 0.0012% / 1h | 44m 31s | $67K | $219K | 20x | Long Popdex | |
| SHORT | 0.7790 | +0.0100 | get 0.0100% / 8h | 44m 31s | — | $7.4M | 200x | Short BingX |
Price gap−0.064%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.063% under its 7d average: the price leg works against you, −$6 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0004% /8h now · paid +0.002% over the last 6 days (all we have)
Price−$6spread −0.064% now, avg −0.001% → −0.063% if it goes back
Costs−$900.896% 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
BingX price against Popdexnow
RANGE STATS · 7D
Now−0.064%
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
0 ok · 4 to watch- Watch: Thin at this size43.3 / 8.8 bpAt $10k entering Popdex costs 43.3 bp, fee and slippage, 4.9× BingX’s.
- Note: Margin at max leverage$500 + $50Popdex 20x, BingX 200x. 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 BingX: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.064% vs −0.001%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Open interest unknown$67K vs — OIBingX reports no open interest, so the legs cannot be compared.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · BingX YesAdvanced 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+0.0001%/8h × 21 periods+$0.24
Price spread−0.064% → −0.001% (7d avg)−$6.31
Slippage, 4 orderslive order books−$73.23
Fee Popdex bp × 2 orders−$6.40
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$95.70
Costs to cover0.896%Break-even2843.3 days
Slippage: Popdex: live order book, 33 min ago; BingX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.2843.3 bp−$43228.3 bp−$2,283doesn’t fitdoesn’t fit
SELL · SHORTBingX3.858.8 bp−$99.0 bp−$9015.2 bp−$1,52039.1 bp−$19.5K
Closing costs about the same again.

