Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.4940 | +0.0096 | pay 0.0012% / 1h | 22m 05s | $109K | $231K | 50x | Long Popdex | |
| SHORT | 1.4930 | +0.0104 | get 0.0013% / 1h | 22m 05s | $802K | $52K | 5x | Short Extended10% off |
Price gap−0.068%
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 +0.037% over the last 7D
Price−$1spread −0.068% now, avg −0.053% → −0.015% if it goes back
Costs−$710.710% of $10k · taker + slippage, in and out
Result−$69−0.69%+ 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−0.068%
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 22 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Watch: Thin at this size17.6 / 15.2 bpAt $10k entering Popdex costs 17.6 bp, fee and slippage, 1.2× Extended’s.
- Note: Margin at max leverage$200 + $2,000Popdex 50x, Extended 5x. 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 Popdex: 24 payments, −$2.88; short Extended: 24 payments, +$3.12.
- Note: Gap at its usual level−0.068% vs −0.053%The price leg adds little either way.
- Watch: Long leg is thinner$109K vs $802K 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 legPopdex No · Extended 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+$3.90
Price spread−0.068% → −0.053% (7d avg)−$1.47
Slippage, 4 orderslive order books−$59.57
Fee Popdex bp × 2 orders−$6.40
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$68.53
Costs to cover0.710%Break-even129.9 days
Slippage: Popdex: live order book, 2 min ago; Extended: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex3.3617.6 bp−$18134.0 bp−$1,340doesn’t fitdoesn’t fit
SELL · SHORTExtended5.0415.2 bp−$1568.8 bp−$688doesn’t fitdoesn’t fit
Closing costs about the same again.

