Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.5105 | +0.0100 | pay 0.0050% / 4h | 3h 27m | $7K | $266K | 10x | Long SunX≤10% back | |
| SHORT | 1.5090 | +0.0096 | get 0.0012% / 1h | 27m 31s | $105K | $371K | 50x | Short Popdex |
Price gap−0.099%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0004% /8h now · paid −0.009% over the last 6 days (all we have)
Price+$3spread −0.099% now, avg −0.127% → +0.027% if it goes back
Costs−$1601.602% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Popdex price against SunXnow
RANGE STATS · 7D
Now−0.099%
Average—
Range—
Wider than now—
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
2 ok · 3 to watch- Watch: Thin at this size51.0 / 19.1 bpAt $10k entering SunX costs 51.0 bp, fee and slippage, 2.7× Popdex’s.
- Note: Margin at max leverage$1,000 + $200SunX 10x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long SunX: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you−0.099% vs −0.127%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$7K vs $105K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSunX No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0005%/8h × 21 periods−$1.14
Price spread−0.099% → −0.127% (7d avg)+$2.74
Slippage, 4 orderslive order books−$145.77
Fee SunX bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$158.57
Costs to cover1.602%Break-evennever at this rate
Slippage: SunX: live order book, 54 min ago; Popdex: live order book, 66 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX32.7651.0 bp−$51doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex3.3719.1 bp−$19doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

