Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,677 | +0.0032 | pay 0.0004% / 1h | 22m 17s | $4.5M | $7.6M | 100x | Long Popdex | |
| SHORT | 2,675 | +0.0048 | get 0.0006% / 1h | 22m 17s | $4.4M | $608K | 20x | Short Aevo |
Price gap−0.073%
Funding gap+0.0016% /8h
Funding trade: $0 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 forecastFunding−$8+0.0016% /8h now · paid −0.081% over the last 7D
Price+$1spread −0.073% now, avg −0.083% → +0.010% if it goes back
Costs−$340.340% of $10k · taker + slippage, in and out
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−0.073%
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
2 ok · 1 to watch- Watch: Thin at this size3.6 / 15.1 bpAt $10k entering Aevo costs 15.1 bp, fee and slippage, 4.2× Popdex’s.
- Note: Margin at max leverage$100 + $500Popdex 100x, Aevo 20x. 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: +$0.48Long Popdex: 24 payments, −$0.96; short Aevo: 24 payments, +$1.44.
- Note: Gap at its usual level−0.073% vs −0.083%The price leg adds little either way.
- Note: Short leg is thinner$4.4M vs $4.5M OIBoth legs are deep; Aevo is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPopdex No · Aevo NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0038%/8h × 21 periods−$8.07
Price spread−0.073% → −0.083% (7d avg)+$0.99
Slippage, 4 orderslive order books−$11.60
Fee Popdex bp × 2 orders−$6.40
Fee Aevo bp × 2 orders−$16.00
Net · 7 days · $10k−$41.08
Costs to cover0.340%Break-evennever at this rate
Slippage: Popdex: live order book, 2 min ago; Aevo: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.373.6 bp−$43.6 bp−$363.9 bp−$3945.9 bp−$2,929
SELL · SHORTAevo3.4615.1 bp−$1524.6 bp−$24638.2 bp−$3,816doesn’t fit
Closing costs about the same again.
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