Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09560 | +0.0033 | pay 0.0004% / 1h | 53m 22s | $843 | $18.2M | 10x | Long Injective | |
| SHORT | 0.09360 | +0.0096 | get 0.0012% / 1h | 53m 22s | $136K | $334K | 50x | Short Popdex |
Price gap−2.092%
Funding gap+0.0063% /8h
Funding pays +$2 a day on $10k, but the gap is 2.058% under its 7d average: −$206 if it goes back, about 4 months of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0063% /8h now · paid −0.010% over the last 5 days (all we have)
Price−$206spread −2.092% now, avg −0.034% → −2.058% if it goes back
Costs−$890.894% 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
Popdex price against Injectivenow
RANGE STATS · 7D
Now−2.092%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hDOGE on 43 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size37.4 / 7.1 bpAt $10k entering Injective costs 37.4 bp, fee and slippage, 5.2× Popdex’s.
- Note: Margin at max leverage$1,000 + $200Injective 10x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.88Long Injective: 24 payments, −$1.00; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−2.092% vs −0.034%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$843 vs $136K OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legInjective No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0006%/8h × 21 periods−$1.35
Price spread−2.092% → −0.034% (7d avg)−$205.77
Slippage, 4 orderslive order books−$82.95
Fee Injective bp × 2 orders−$0.02
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$296.49
Costs to cover0.894%Break-evennever at this rate
Slippage: Injective: live order book, 6 min ago; Popdex: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGInjective37.3737.4 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex1.077.1 bp−$710.7 bp−$107doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | Bulk | Listing | DOGE-USD no longer reported ($DOGE) seen by our collector |
| 09-29 11:00 | RISEx | Listing | DOGE/USDC [deprecated-1779958099] no longer reported ($DOGE) seen by our collector |
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| 09-17 05:30 | Gate | Other | 385 equity perps. #1 in coverage. #3 globally in volume and OI. Gate also leads 0.1% depth across all 5 most-traded equity perps and L1 depth across $BTC, $ETH, $SOL, $XRP and $DOGE. @DefiLlama’s data also shows Gate among the most stable on funding rates. More than listings. It’s market depth. @Gate on X ↗ |


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