Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5040 | +0.0096 | pay 0.0012% / 1h | 18m 34s | $61K | $404K | 20x | Long Popdex | |
| SHORT | 0.5041 | −0.0016 | pay 0.0008% / 4h | 1h 18m | $75.8M | $222.1M | 75x | Short Binance |
Price gap+0.020%
Funding gap−0.0112% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 19 hours. At the last 7 days' pace that is about 16 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0112% /8h now · paid −0.011% over the last 7D
Price+$3spread +0.020% now, avg −0.006% → +0.026% if it goes back
Costs−$440.441% of $10k · taker + slippage, in and out
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+0.020%
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
1 ok · 4 to watch- Watch: Large against open interest13.6 / 8.0 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$500 + $133Popdex 20x, Binance 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.35Long Popdex: 24 payments, −$2.88; short Binance: 6 payments, −$0.47.
- OK: Entry gap works for you+0.020% vs −0.006%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$61K vs $75.8M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0005%/8h × 21 periods−$1.12
Price spread+0.020% → −0.006% (7d avg)+$2.62
Slippage, 4 orderslive order books−$27.70
Fee Popdex bp × 2 orders−$6.40
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$42.60
Costs to cover0.441%Break-evennever at this rate
Slippage: Popdex: live order book, 61 min ago; Binance: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.9913.6 bp−$14131.2 bp−$1,312doesn’t fitdoesn’t fit
SELL · SHORTBinance0.998.0 bp−$815.7 bp−$15759.3 bp−$5,933377.9 bp−$188.9K
Closing costs about the same again.
| 09-30 18:57 | OKX | Other | Another X Drops Club just dropped in Europe. Trade the featured tokens like SOL, ZEC, NEAR, ENA, SUI, ONDO, CT, HBAR, AVAX, and XLM for a share of 1.5M , with CT trades boosted 3×. Make this round count. @okx on X ↗ |
| 09-30 10:22 | Bullet | Listing | By popular demand, $ONDO perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 09-30 07:30 | Bullet | Listing | new market ONDO-USD ($ONDO) seen by our collector |
| 09-30 01:05 | Reya | Listing | ONDORUSDPERP no longer reported ($ONDO) seen by our collector |
| 09-24 20:07 | 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 1,200 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗ |
| 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 ↗ |


OKX
Bullet