Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004195 | +0.0100 | pay 0.0013% / 1h | 42m 26s | $328K | $86K | 10x | Long Nado20% off | |
| SHORT | 0.000004100 | +0.0096 | get 0.0012% / 1h | 42m 26s | $101K | $228K | 50x | Short Popdex |
Price gap−2.265%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is 1.111% under its 7d average: the price leg works against you, −$111 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0004% /8h now · paid −0.006% over the last 5 days (all we have)
Price−$111spread −2.265% now, avg −1.153% → −1.111% if it goes back
Costs−$550.548% of $10k · taker + slippage, in and out
Result−$167−1.67%+ Points / potential airdropNado: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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 Nadonow
RANGE STATS · 7D
Now−2.265%
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
3 ok · 3 to watch- Watch: Thin at this size11.3 / 17.6 bpAt $10k entering Popdex costs 17.6 bp, fee and slippage, 1.6× Nado’s.
- Note: Margin at max leverage$1,000 + $200Nado 10x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.12Long Nado: 24 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−2.265% vs −1.153%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 $328K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- OK: No KYC on either legNado No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0004%/8h × 21 periods−$0.83
Price spread−2.265% → −1.153% (7d avg)−$111.13
Slippage, 4 orderslive order books−$41.36
Fee Nado bp × 2 orders−$7.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$166.73
Costs to cover0.548%Break-evennever at this rate
Slippage: Nado: live order book, 40 min ago; Popdex: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGNado1.1811.3 bp−$1131.5 bp−$315doesn’t fitdoesn’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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