Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 67.150 | +0.0560 | pay 0.0070% / 1h | 8m 57s | $701K | $1.2M | 50x | Long Coinbase International | |
| SHORT | 67.050 | +0.0096 | get 0.0012% / 1h | 8m 57s | $116K | $267K | 50x | Short Popdex |
Price gap−0.149%
Funding gap−0.0464% /8h
Both sides work against this direction now: funding costs $14 a day on $10k and the gap is 0.068% 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−$32−0.0464% /8h now · paid −0.324% over the last 6 days (all we have)
Price−$7spread −0.149% now, avg −0.081% → −0.068% if it goes back
Costs−$420.416% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Popdex price against Coinbase Internationalnow
RANGE STATS · 7D
Now−0.149%
Average—
Range—
Wider than now—
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- OK: Fits both order books14.4 / 7.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $200Coinbase International 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: −$13.92Long Coinbase International: 24 payments, −$16.80; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.149% vs −0.081%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$116K vs $701K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCCoinbase International Yes · Popdex NoID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0194%/8h × 21 periods−$40.68
Price spread−0.149% → −0.081% (7d avg)−$6.82
Slippage, 4 orderslive order books−$25.23
Fee Coinbase International bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$89.13
Costs to cover0.416%Break-evennever at this rate
Slippage: Coinbase International: live order book, 5 min ago; Popdex: live order book, 49 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGCoinbase International6.7014.4 bp−$1421.3 bp−$213doesn’t fitdoesn’t fit
SELL · SHORTPopdex0.757.1 bp−$764.1 bp−$641doesn’t fitdoesn’t fit
Closing costs about the same again.
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