Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004193 | +0.0220 | pay 0.0220% / 8h | 6h 42m | $2.9M | $7.0M | 75x | Long BloFin | |
| SHORT | 0.000004100 | +0.0096 | get 0.0012% / 1h | 42m 28s | $101K | $228K | 50x | Short Popdex |
Price gap−2.218%
Funding gap−0.0124% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 1.072% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15−0.0124% /8h now · paid −0.149% over the last 5 days (all we have)
Price−$107spread −2.218% now, avg −1.146% → −1.072% if it goes back
Costs−$500.500% 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 BloFinnow
RANGE STATS · 7D
Now−2.218%
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
0 ok · 5 to watch- Watch: Thin at this size8.4 / 17.6 bpAt $10k entering Popdex costs 17.6 bp, fee and slippage, 2.1× BloFin’s.
- Note: Margin at max leverage$133 + $200BloFin 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: −$3.72Long BloFin: 3 payments, −$6.60; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−2.218% vs −1.146%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$101K vs $2.9M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Popdex NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0093%/8h × 21 periods−$19.46
Price spread−2.218% → −1.146% (7d avg)−$107.23
Slippage, 4 orderslive order books−$31.65
Fee BloFin bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$176.74
Costs to cover0.500%Break-evennever at this rate
Slippage: BloFin: live order book, 6 min ago; Popdex: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin2.378.4 bp−$813.2 bp−$13222.5 bp−$2,254doesn’t fit
SELL · SHORTPopdex4.7217.6 bp−$18179.6 bp−$1,796doesn’t fitdoesn’t fit
Closing costs about the same again.
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