Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004222 | +0.0100 | pay 0.0100% / 8h | 5h 53m | — | $2.3M | — | Long BingX | |
| SHORT | 0.000004200 | +0.0096 | get 0.0012% / 1h | 53m 30s | $106K | $229K | 50x | Short Popdex |
Price gap−0.516%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$62 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0004% /8h now · paid −0.004% over the last 5 days (all we have)
Price+$62spread −0.516% now, avg −1.136% → +0.620% if it goes back
Costs−$660.655% 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 BingXnow
RANGE STATS · 7D
Now−0.516%
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 · 3 to watch- Watch: Thin at this size11.6 / 19.0 bpAt $10k entering Popdex costs 19.0 bp, fee and slippage, 1.6× BingX’s.
- Note: Margin at max leverage— + $200BingX —, 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 BingX: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you−0.516% vs −1.136%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Open interest unknown— vs $106K OIBingX reports no open interest, so the legs cannot be compared.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Popdex NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0002%/8h × 21 periods−$0.49
Price spread−0.516% → −1.136% (7d avg)+$61.97
Slippage, 4 orderslive order books−$49.13
Fee BingX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$4.05
Costs to cover0.655%Break-evennever at this rate
Slippage: BingX: live order book, 10 min ago; Popdex: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.6011.6 bp−$1217.2 bp−$17278.8 bp−$7,885256.5 bp−$128.2K
SELL · SHORTPopdex7.1419.0 bp−$19doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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