Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,335.5 | +0.0344 | pay 0.0043% / 1h | 12m 35s | $706K | $9.0M | 50x | Long Injective | |
| SHORT | 2,335.6 | +0.0096 | get 0.0012% / 1h | 12m 35s | $4.6M | $33.5M | 100x | Short Popdex |
Price gap+0.004%58s
Funding gap−0.0248% /8h
Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.062% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$33−0.0248% /8h now · paid −0.335% over the last 7D
Price—spread +0.004%58s now · prices read too far apart to compare
Costs−$240.239% of $10k · taker + slippage, in and out
Result—no pointsneeds 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+0.004%
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
/8hETH on 56 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books12.4 / 3.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $100Injective 50x, Popdex 100x. 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: −$7.44Long Injective: 24 payments, −$10.32; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 58 s apart+0.004% vs +0.065%Part of this gap may be the market moving.
- Watch: Long leg is thinner$706K vs $4.6M 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−0.0159%/8h × 21 periods−$33.47
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$17.52
Fee Injective bp × 2 orders−$0.02
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$57.41
price spread not counted: prices read too far apartCosts to cover0.239%Break-evennever at this rate
Slippage: Injective: live order book, 1 min ago; Popdex: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGInjective3.8512.4 bp−$1212.8 bp−$12826.7 bp−$2,66632446.6 bp−$16.22M
SELL · SHORTPopdex0.213.4 bp−$33.4 bp−$344.0 bp−$4026.0 bp−$2,991
Closing costs about the same again.
| 10-25 02:43 | Injective | Other | $ETH + $SOL + $INJ Stronger Together. Few. @injective on X ↗ |
| 10-23 16:00 | Aster | Listing | BTCUSDC, ETHUSDC, and SOLUSDC perpetuals are now live on Aster. Another step forward with @arc and @circle in expanding @USDC's role in onchain trading. @Aster_DEX on X ↗ |
| 10-23 12:50 | Aster | Listing | new market ETHUSDC ($ETH) seen by our collector |
| 10-23 11:32 | Phemex | Other | When new gas rules can change how contracts handle failed calls, that's no longer a fee tweak. It's a logic change. Pausing Hoodi to test that makes sense. 👇 Does the delay change anything for your $ETH plans?yes/no 🔍 @Phemex_official on X ↗ |
| 10-23 01:12 | Gate | Other | What if your everyday spending could give you more back? With Gate Card, spend $BTC, $ETH, $USDT, and $GT on everything from shopping and dining to travel and subscriptions, and earn up to 8% cashback on eligible purchases. Apple Pay, Google Wallet, WeChat Pay, and Alipay supported. Crypto for everyday life, made simple. Get your Gate Card: @Gate on X ↗ |
| 10-22 14:30 | ApeX Omni | Incident | Crypto headlines on Perp Desk, our bi-weekly update. The wallet behind April’s $295M @DriftFDN exploit sat idle for two months, then pushed 25,700 ETH into @TornadoCash in two hours. It still holds $194M. Drift says @Mandiant traced it to a North Korean group. More below 👇 @OfficialApeXdex on X ↗ |


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