Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7829 | +0.0096 | pay 0.0012% / 1h | 33m 56s | $67K | $261K | 20x | Long Popdex | |
| SHORT | 0.7827 | +0.0088 | get 0.0088% / 8h | 2h 33m | $24.8M | $18.0M | 50x | Short Bybit |
Price gap−0.026%53s
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−$9−0.0008% /8h now · paid −0.088% over the last 7D
Price—spread −0.026%53s now · prices read too far apart to compare
Costs−$1041.043% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.026%
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 size43.3 / 9.5 bpAt $10k entering Popdex costs 43.3 bp, fee and slippage, 4.6× Bybit’s.
- Note: Margin at max leverage$500 + $200Popdex 20x, Bybit 50x. 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: −$0.24Long Popdex: 24 payments, −$2.88; short Bybit: 3 payments, +$2.64.
- Watch: Prices read 53 s apart−0.026% vs −0.020%Part of this gap may be the market moving.
- Watch: Long leg is thinner$67K vs $24.8M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0043%/8h × 21 periods−$9.00
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$86.85
Fee Popdex bp × 2 orders−$6.40
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$113.25
price spread not counted: prices read too far apartCosts to cover1.043%Break-evennever at this rate
Slippage: Popdex: live order book, 30 min ago; Bybit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.5443.3 bp−$43249.9 bp−$2,499doesn’t fitdoesn’t fit
SELL · SHORTBybit0.649.5 bp−$921.6 bp−$21687.3 bp−$8,731doesn’t fit
Closing costs about the same again.
Reya