Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5048 | +0.0096 | pay 0.0012% / 1h | 23m 41s | $61K | $404K | 20x | Long Popdex | |
| SHORT | 0.5049 | +0.0051 | get 0.0025% / 4h | 1h 23m | $79.8M | $114.2M | 50x | Short Bybit |
Price gap+0.020%
Funding gap−0.0045% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 2.3 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5−0.0045% /8h now · paid −0.049% over the last 7D
Price+$3spread +0.020% now, avg −0.012% → +0.032% if it goes back
Costs−$450.450% 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 / 8.4 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$500 + $200Popdex 20x, Bybit 50x. 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: −$1.36Long Popdex: 24 payments, −$2.88; short Bybit: 6 payments, +$1.52.
- OK: Entry gap works for you+0.020% vs −0.012%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$61K vs $79.8M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0024%/8h × 21 periods−$5.14
Price spread+0.020% → −0.012% (7d avg)+$3.16
Slippage, 4 orderslive order books−$27.56
Fee Popdex bp × 2 orders−$6.40
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$46.94
Costs to cover0.450%Break-evennever at this rate
Slippage: Popdex: live order book, 56 min ago; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.9913.6 bp−$14131.2 bp−$1,312doesn’t fitdoesn’t fit
SELL · SHORTBybit0.998.4 bp−$815.6 bp−$15644.4 bp−$4,435doesn’t fit
Closing costs about the same again.
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| 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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| 09-24 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 ↗ |


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