Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 67.240 | +0.0100 | pay 0.0013% / 1h | 59m 52s | $1.1M | $249K | 50x | Long ApeX Omni5% off | |
| SHORT | 67.080 | +0.0096 | get 0.0012% / 1h | 59m 52s | $117K | $213K | 50x | Short Popdex |
Price gap−0.238%57s
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$14 on $10k if the gap goes back to its 7d average.
The two prices were read 57 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−$62−0.0004% /8h now · paid −0.616% over the last 6 days (all we have)
Price—spread −0.238%57s now · prices read too far apart to compare
Costs−$550.546% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.238%
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
/8hLTC on 38 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size19.8 / 7.0 bpAt $10k entering ApeX Omni costs 19.8 bp, fee and slippage, 2.8× Popdex’s.
- Note: Margin at max leverage$200 + $200ApeX Omni 50x, 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: −$0.12Long ApeX Omni: 24 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 57 s apart−0.238% vs −0.375%Part of this gap may be the market moving.
- Watch: Short leg is thinner$117K vs $1.1M 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 legApeX Omni No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0326%/8h × 21 periods−$68.54
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$38.23
Fee ApeX Omni bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$123.17
price spread not counted: prices read too far apartCosts to cover0.546%Break-evennever at this rate
Slippage: ApeX Omni: live order book, 3 min ago; Popdex: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGApeX Omni11.9019.8 bp−$2080.3 bp−$803doesn’t fitdoesn’t fit
SELL · SHORTPopdex1.507.0 bp−$771.1 bp−$711doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 01:05 | Reya | Listing | LTCRUSDPERP no longer reported ($LTC) seen by our collector |
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| 09-22 14:58 | Phoenix | Listing | new market LTC ($LTC) seen by our collector |
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