Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.377 | +0.0613 | pay 0.0077% / 1h | 2m 08s | $392K | $114K | 10x | Long Arcus5% off | |
| SHORT | 14.358 | +0.0096 | get 0.0012% / 1h | 2m 08s | $226K | $502K | 50x | Short Popdex |
Price gap−0.132%
Funding gap−0.0517% /8h
The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $16 a day and eats that in about 13 hours. At the last 7 days' pace that is about 2.7 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$22−0.0517% /8h now · paid −0.215% over the last 7D
Price+$9spread −0.132% now, avg −0.218% → +0.086% if it goes back
Costs−$340.343% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.215% in total, about −0.0108%/8h on average.
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−0.132%
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
/8hLINK on 41 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books13.4 / 5.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200Arcus 10x, 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: −$15.51Long Arcus: 24 payments, −$18.39; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you−0.132% vs −0.218%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$226K vs $392K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legArcus No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0108%/8h × 21 periods−$22.76
Price spread−0.132% → −0.218% (7d avg)+$8.63
Slippage, 4 orderslive order books−$23.42
Fee Arcus bp × 2 orders−$4.50
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$48.45
Costs to cover0.343%Break-evennever at this rate
Slippage: Arcus: live order book, 28 min ago; Popdex: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus5.2013.4 bp−$1327.4 bp−$274doesn’t fitdoesn’t fit
SELL · SHORTPopdex0.695.8 bp−$642.2 bp−$422doesn’t fitdoesn’t fit
Closing costs about the same again.
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