Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Popdex against Bitget+0.009%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$430.435% of the position
Funding, last 3 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.009%, 7d avg −0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BGBUSDT | 2.1494 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $24.0M | $5.4M | 50x |
| Short | Popdex BGBUSDT | 2.1496 | 0.0096 | get 0.0012% / 1h | 34m 18s | $64K | $222K | 20x |
Bitget BGBUSDT
Popdex BGBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.009% → −0.005%
- $1.42
- Slippage, 4 orders
- −$25.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$42.89
- Costs to cover
- 0.435%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Popdex: live order book, 54 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 4 min ago | 0.93 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Popdex live order book, 54 min ago | 1.17 bp | 12.2 bp −$12 | 192.3 bp −$1,923 | doesn't fit | doesn't fit |
BGB on 2 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex BGBUSDTshort | +0.0096% | 1h | 2.1496 | +0.009% | $64K | $222K | 20x | |
| Bitget BGBUSDTlong | +0.0100% | 8h | 2.1494 | long leg | $24.0M | $5.4M | 50x |