Funding arb · Price arb / Crypto
KAITO
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3430 | +0.0096 | pay 0.0012% / 1h | 34m 07s | $52K | $155K | 20x | Long Popdex | |
| SHORT | 0.3450 | +0.0100 | get 0.0050% / 4h | 34m 07s | $239K | $1.9M | 10x | Short GRVT |
Price gap+0.586%58s
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$54 on $10k if the gap goes back to its 7d average.
The two prices were read 58 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0004% /8h now · paid +0.006% over the last 6 days (all we have)
Price—spread +0.586%58s now · prices read too far apart to compare
Costs−$3093.091% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.586%
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
/8hKAITO on 28 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size127.5 / 45.7 bpAt $10k entering Popdex costs 127.5 bp, fee and slippage, 2.8× GRVT’s.
- Note: Margin at max leverage$500 + $1,000Popdex 20x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short GRVT: 6 payments, +$3.00.
- Watch: Prices read 58 s apart+0.586% vs +0.044%Part of this gap may be the market moving.
- Watch: Long leg is thinner$52K vs $239K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0003%/8h × 21 periods+$0.69
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$293.71
Fee Popdex bp × 2 orders−$6.40
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$308.41
price spread not counted: prices read too far apartCosts to cover3.091%Break-even3124.7 days
Slippage: Popdex: live order book, 22 min ago; GRVT: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex5.78127.5 bp−$128doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGRVT10.1445.7 bp−$46108.8 bp−$1,088doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | Reya | Listing | KAITORUSDPERP no longer reported ($KAITO) seen by our collector |
| 09-29 11:00 | gTrade (Gains Network) | Listing | KAITO/USD no longer reported ($KAITO) seen by our collector |
Reya
gTrade (Gains Network)