Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.354 | +0.0096 | pay 0.0012% / 1h | 1m 10s | $226K | $475K | 50x | Long Popdex | |
| SHORT | 14.341 | −0.0435 | pay 0.0054% / 1h | 1m 10s | $115K | $1.4M | 10x | Short Polymarket Perps |
Price gap−0.091%
Funding gap−0.0531% /8h
Both sides work against this direction now: funding costs $16 a day on $10k and the gap is 0.075% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$44−0.0531% /8h now · paid −0.443% over the last 7D
Price−$7spread −0.091% now, avg −0.016% → −0.075% if it goes back
Costs−$260.264% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / ExitPopdex: thin, under $1M open interest · Polymarket Perps: thin, under $1M open interest
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−0.091%
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 books5.8 / 6.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Popdex 50x, Polymarket Perps 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: −$15.93Long Popdex: 24 payments, −$2.88; short Polymarket Perps: 24 payments, −$13.05.
- Watch: Gap narrower than usual−0.091% vs −0.016%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$115K vs $226K OIPolymarket Perps 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 · Polymarket Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0231%/8h × 21 periods−$48.60
Price spread−0.091% → −0.016% (7d avg)−$7.48
Slippage, 4 orderslive order books−$12.02
Fee Popdex bp × 2 orders−$6.40
Fee Polymarket Perps bp × 2 orders−$8.00
Net · 7 days · $10k−$82.50
Costs to cover0.264%Break-evennever at this rate
Slippage: Popdex: live order book, 32 min ago; Polymarket Perps: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.045.8 bp−$634.4 bp−$344doesn’t fitdoesn’t fit
SELL · SHORTPolymarket Perps2.446.4 bp−$66.4 bp−$64doesn’t fitdoesn’t fit
Closing costs about the same again.
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