Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,356 | +0.0096 | pay 0.0012% / 1h | 47m 54s | $4.5M | $30.6M | 100x | Long Popdex | |
| SHORT | 2,355.5 | +0.0753 | get 0.0094% / 1h | 47m 54s | $32K | $128K | 20x | Short Aftermath Perps5% off |
Price gap−0.020%
Funding gap+0.0657% /8h
Funding trade: +$20 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+$128+0.0657% /8h now · paid +1.281% over the last 7D
Price+$1spread −0.020% now, avg −0.029% → +0.009% if it goes back
Costs−$260.256% 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−0.020%
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 · 2 to watch- Watch: Large against open interest4.1 / 6.9 bp$10k is over 10% of Aftermath Perps’s open interest.
- Note: Margin at max leverage$100 + $500Popdex 100x, Aftermath Perps 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: +$19.70Long Popdex: 24 payments, −$2.88; short Aftermath Perps: 24 payments, +$22.58.
- Note: Gap at its usual level−0.020% vs −0.029%The price leg adds little either way.
- Watch: Short leg is thinner$32K vs $4.5M OIAftermath Perps 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 · Aftermath Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0610%/8h × 21 periods+$128.10
Price spread−0.020% → −0.029% (7d avg)+$0.90
Slippage, 4 orderslive order books−$10.17
Fee Popdex bp × 2 orders−$6.40
Fee Aftermath Perps bp × 2 orders−$9.00
Net · 7 days · $10k+$103.43
Costs to cover0.256%Break-even1.3 days
Slippage: Popdex: live order book, 2 min ago; Aftermath Perps: live order book, 26 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.214.1 bp−$44.2 bp−$425.1 bp−$5117.0 bp−$3,518
SELL · SHORTAftermath Perps2.106.9 bp−$7doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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