Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5050 | +0.4126 | pay 0.0516% / 1h | 0m 05s | $279K | $73K | 5x | Long dYdX | |
| SHORT | 0.5046 | +0.0096 | get 0.0012% / 1h | 0m 05s | $65K | $349K | 20x | Short Popdex |
Price gap−0.074%
Funding gap−0.4030% /8h
Both sides work against this direction now: funding costs $121 a day on $10k and the gap is 0.081% 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−$413−0.4030% /8h now · paid −4.128% over the last 7D
Price−$8spread −0.074% now, avg +0.007% → −0.081% if it goes back
Costs−$3283.282% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / ExitdYdX: thin, under $1M open interest · Popdex: 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−0.074%
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
/8hONDO on 41 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size72.1 / 16.5 bpAt $10k entering dYdX costs 72.1 bp, fee and slippage, 4.4× Popdex’s.
- Note: Margin at max leverage$2,000 + $500dYdX 5x, Popdex 20x. 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: −$120.91Long dYdX: 24 payments, −$123.79; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.074% vs +0.007%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$65K vs $279K 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 legdYdX No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.2158%/8h × 21 periods−$453.27
Price spread−0.074% → +0.007% (7d avg)−$8.06
Slippage, 4 orderslive order books−$311.82
Fee dYdX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$789.55
Costs to cover3.282%Break-evennever at this rate
Slippage: dYdX: live order book, 34 min ago; Popdex: live order book, 32 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGdYdX67.0672.1 bp−$7272.1 bp−$72197.7 bp−$9,769464.4 bp−$232.2K
SELL · SHORTPopdex0.9816.5 bp−$16191.9 bp−$1,919doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 10:22 | Bullet | Listing | By popular demand, $ONDO perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
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| 09-30 01:05 | Reya | Listing | ONDORUSDPERP no longer reported ($ONDO) seen by our collector |
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| 09-24 19:59 | OKX | Product | New X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,125 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |
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