Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.307 | +0.0096 | pay 0.0012% / 1h | 2m 36s | $288K | $251K | 50x | Long Popdex | |
| SHORT | 11.306 | −0.0136 | pay 0.0017% / 1h | 2m 36s | $197K | $58K | 10x | Short Nado20% off |
Price gap−0.004%
Funding gap−0.0232% /8h
Funding costs $7 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$47−0.0232% /8h now · paid −0.465% over the last 7D
Price+$1spread −0.004% now, avg −0.014% → +0.010% if it goes back
Costs−$250.249% of $10k · taker + slippage, in and out
Result−$70−0.70%+ Points / potential airdropNado: 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−0.004%
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 43 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books5.9 / 6.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Popdex 50x, Nado 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: −$6.97Long Popdex: 24 payments, −$2.88; short Nado: 24 payments, −$4.09.
- Note: Gap at its usual level−0.004% vs −0.014%The price leg adds little either way.
- Watch: Short leg is thinner$197K vs $288K OINado sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · Nado NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0222%/8h × 21 periods−$46.55
Price spread−0.004% → −0.014% (7d avg)+$0.96
Slippage, 4 orderslive order books−$11.47
Fee Popdex bp × 2 orders−$6.40
Fee Nado bp × 2 orders−$7.00
Net · 7 days · $10k−$70.45
Costs to cover0.249%Break-evennever at this rate
Slippage: Popdex: live order book, 21 min ago; Nado: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.885.9 bp−$624.0 bp−$240doesn’t fitdoesn’t fit
SELL · SHORTNado0.446.9 bp−$720.6 bp−$206doesn’t fitdoesn’t fit
Closing costs about the same again.
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