Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.7640 | −0.0112 | get 0.0112% / 8h | 2h 31m | $607K | $175K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.7658 | +0.0096 | get 0.0012% / 1h | 31m 59s | $66K | $233K | 20x | Short Popdex |
Price gap+0.233%45s
Funding gap+0.0208% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.186% above its 7d average: +$19 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$46+0.0208% /8h now · paid +0.463% over the last 7D
Price—spread +0.233%45s now · prices read too far apart to compare
Costs−$1061.057% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds 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+0.233%
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
2 ok · 4 to watch- Watch: Thin at this size21.5 / 45.0 bpAt $10k entering Popdex costs 45.0 bp, fee and slippage, 2.1× Variational Omni’s.
- Note: Margin at max leverage$200 + $500Variational Omni 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: +$6.23Long Variational Omni: 3 payments, +$3.35; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 45 s apart+0.233% vs +0.047%Part of this gap may be the market moving.
- Watch: Short leg is thinner$66K vs $607K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0237%/8h × 21 periods+$49.69
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$99.28
Fee Variational Omni bp × 2 orders$0.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$56.00
price spread not counted: prices read too far apartCosts to cover1.057%Break-even14.9 days
Slippage: Variational Omni: RFQ quote, 9 min ago; Popdex: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.9121.5 bp−$2137.8 bp−$378doesn’t fitdoesn’t fit
SELL · SHORTPopdex1.9545.0 bp−$45298.7 bp−$2,987doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya