Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004248 | +0.0100 | pay 0.0100% / 8h | 2h 34m | $37.1M | $29.3M | 75x | Long Bitget | |
| SHORT | 0.000004200 | +0.0096 | get 0.0012% / 1h | 34m 49s | $108K | $229K | 50x | Short Popdex |
Price gap−1.137%45s
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$6 on $10k if the gap goes back to its 7d average.
The two prices were read 45 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+$2−0.0004% /8h now · paid +0.022% over the last 6 days (all we have)
Price—spread −1.137%45s now · prices read too far apart to compare
Costs−$400.404% 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 Bitgetnow
RANGE STATS · 7D
Now−1.137%
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 books8.8 / 11.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $200Bitget 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 Bitget: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 45 s apart−1.137% vs −1.196%Part of this gap may be the market moving.
- Watch: Short leg is thinner$108K vs $37.1M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Popdex NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0013%/8h × 21 periods+$2.83
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$22.00
Fee Bitget bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$37.57
price spread not counted: prices read too far apartCosts to cover0.404%Break-even100.0 days
Slippage: Bitget: live order book, 4 min ago; Popdex: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget1.068.8 bp−$910.2 bp−$10236.7 bp−$3,672doesn’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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