Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.388 | +0.0096 | pay 0.0012% / 1h | 44m 52s | $231K | $491K | 50x | Long Popdex | |
| SHORT | 14.410 | +0.0524 | get 0.0066% / 1h | 44m 52s | $395K | $102K | 10x | Short Arcus5% off |
Price gap+0.153%
Funding gap+0.0428% /8h
Funding pays +$13 a day on $10k, but the gap is 0.066% under its 7d average: −$7 if it goes back, about 12 hours of funding. At the last 7 days' pace that is about 2.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$22+0.0428% /8h now · paid +0.215% over the last 7D
Price−$7spread +0.153% now, avg +0.219% → −0.066% if it goes back
Costs−$340.337% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.215% in total, about +0.0109%/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+0.153%
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
3 ok · 2 to watch- OK: Fits both order books5.5 / 8.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Popdex 50x, Arcus 10x. 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: +$12.85Long Popdex: 24 payments, −$2.88; short Arcus: 24 payments, +$15.73.
- Watch: Gap narrower than usual+0.153% vs +0.219%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$231K vs $395K 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 legPopdex No · Arcus NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0109%/8h × 21 periods+$22.86
Price spread+0.153% → +0.219% (7d avg)−$6.60
Slippage, 4 orderslive order books−$22.78
Fee Popdex bp × 2 orders−$6.40
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$17.42
Costs to cover0.337%Break-even12.3 days
Slippage: Popdex: live order book, 50 min ago; Arcus: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.705.5 bp−$525.5 bp−$255doesn’t fitdoesn’t fit
SELL · SHORTArcus5.228.1 bp−$818.8 bp−$188doesn’t fitdoesn’t fit
Closing costs about the same again.
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