Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.4991 | +0.0104 | pay 0.0013% / 1h | 59m 54s | $806K | $61K | 5x | Long Extended10% off | |
| SHORT | 1.5000 | +0.0096 | get 0.0012% / 1h | 59m 54s | $110K | $281K | 50x | Short Popdex |
Price gap+0.063%
Funding gap−0.0008% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.0008% /8h now · paid −0.038% over the last 7D
Price+$1spread +0.063% now, avg +0.053% → +0.010% if it goes back
Costs−$740.742% of $10k · taker + slippage, in and out
Result−$77−0.77%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.063%
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
/8hGRAM on 21 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Watch: Thin at this size17.6 / 19.1 bpAt $10k entering Popdex costs 19.1 bp, fee and slippage, 1.1× Extended’s.
- Note: Margin at max leverage$2,000 + $200Extended 5x, Popdex 50x. 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: −$0.24Long Extended: 24 payments, −$3.12; short Popdex: 24 payments, +$2.88.
- Note: Gap at its usual level+0.063% vs +0.053%The price leg adds little either way.
- Watch: Short leg is thinner$110K vs $806K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0019%/8h × 21 periods−$4.05
Price spread+0.063% → +0.053% (7d avg)+$0.99
Slippage, 4 orderslive order books−$62.80
Fee Extended bp × 2 orders−$5.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$77.25
Costs to cover0.742%Break-evennever at this rate
Slippage: Extended: live order book, 29 min ago; Popdex: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended5.6817.6 bp−$1887.5 bp−$875doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.3319.1 bp−$19doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

