Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09330 | +0.0096 | pay 0.0012% / 1h | 43m 07s | $132K | $340K | 50x | Long Popdex | |
| SHORT | 0.09560 | +0.0033 | get 0.0004% / 1h | 43m 07s | $843 | $18.2M | 10x | Short Injective |
Price gap+2.465%
Funding gap−0.0063% /8h
The gap pays +$243 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 4 months.
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+$243spread +2.465% now, avg +0.034% → +2.431% if it goes back
Costs−$1101.099% 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
Injective price against Popdexnow
RANGE STATS · 7D
Now+2.465%
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
3 ok · 2 to watch- Watch: Thin at this size11.9 / 42.8 bpAt $10k entering Injective costs 42.8 bp, fee and slippage, 3.6× Popdex’s.
- Note: Margin at max leverage$200 + $1,000Popdex 50x, Injective 10x. 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 Popdex: 24 payments, −$2.88; short Injective: 24 payments, +$1.00.
- OK: Entry gap works for you+2.465% vs +0.034%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$843 vs $132K 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 legPopdex No · Injective 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+$1.36
Price spread+2.465% → +0.034% (7d avg)+$243.08
Slippage, 4 orderslive order books−$103.49
Fee Popdex bp × 2 orders−$6.40
Fee Injective bp × 2 orders−$0.02
Net · 7 days · $10k+$134.53
Costs to cover1.099%Break-evenfrom the start
Slippage: Popdex: live order book, 40 min ago; Injective: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.1211.9 bp−$1219.6 bp−$196doesn’t fitdoesn’t fit
SELL · SHORTInjective42.7842.8 bp−$43doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | Bulk | Listing | DOGE-USD no longer reported ($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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