Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004239 | +0.0100 | pay 0.0100% / 8h | 2h 32m | $87.2M | $254.3M | 75x | Long Binance | |
| SHORT | 0.000004200 | +0.0096 | get 0.0012% / 1h | 32m 42s | $108K | $229K | 50x | Short Popdex |
Price gap−0.917%51s
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$28 on $10k if the gap goes back to its 7d average.
The two prices were read 51 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+$7−0.0004% /8h now · paid +0.069% over the last 6 days (all we have)
Price—spread −0.917%51s now · prices read too far apart to compare
Costs−$360.362% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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 Binancenow
RANGE STATS · 7D
Now−0.917%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPEPE on 36 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books5.4 / 11.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $200Binance 75x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long Binance: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 51 s apart−0.917% vs −1.195%Part of this gap may be the market moving.
- Watch: Short leg is thinner$108K vs $87.2M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Popdex NoVerified 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+0.0041%/8h × 21 periods+$8.71
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$19.85
Fee Binance bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$27.53
price spread not counted: prices read too far apartCosts to cover0.362%Break-even29.1 days
Slippage: Binance: live order book, 16 min ago; Popdex: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.125.4 bp−$512.1 bp−$12125.7 bp−$2,569doesn’t fit
SELL · SHORTPopdex7.0411.5 bp−$1159.0 bp−$590doesn’t fitdoesn’t fit
Closing costs about the same again.
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