Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG2,683.9−0.0009get 0.0001% / 1h29m 58s$208K$1.3M20xLong Bullet
SHORT2,684.4+0.0096get 0.0012% / 1h29m 58s$4.5M$7.5M100xShort Popdex
Price gap+0.019%
Funding gap+0.0105% /8h

Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$24+0.0105% /8h now · paid +0.236% over the last 7D
Price+$1spread +0.019% now, avg +0.005% → +0.014% if it goes back
Costs−$170.172% of $10k · taker + slippage, in and out

Price and funding

1h · loading 5m…
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.019%
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

/8h

ETH on 56 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • OK: Fits both order books4.9 / 3.8 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $100
    Bullet 20x, Popdex 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$3.16Long Bullet: 24 payments, +$0.28; short Popdex: 24 payments, +$2.88.
  • Note: Gap at its usual level+0.019% vs +0.005%
    The price leg adds little either way.
  • Watch: Long leg is thinner$208K vs $4.5M OI
    Bullet sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legBullet No · Popdex No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0124%/8h × 21 periods+$26.03
Price spread+0.019% → +0.005% (7d avg)+$1.39
Slippage, 4 orderslive order books−$2.84
Fee Bullet bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$10.18
Costs to cover0.172%Break-even4.3 days
Slippage: Bullet: live order book, 4 min ago; Popdex: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBullet0.194.9 bp−$58.9 bp−$89doesn’t fitdoesn’t fit
SELL · SHORTPopdex0.563.8 bp−$43.8 bp−$384.6 bp−$4566.4 bp−$3,210

Closing costs about the same again.

Alert

ETH news

posts that mention ETH, from every exchangeSearch all news →
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