Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004243 | +0.0100 | pay 0.0100% / 8h | 2h 31m | $29.8M | $139.0M | 50x | Long OKX | |
| SHORT | 0.000004200 | +0.0096 | get 0.0012% / 1h | 31m 34s | $108K | $229K | 50x | Short Popdex |
Price gap−1.013%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$13 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+$4−0.0004% /8h now · paid +0.039% over the last 6 days (all we have)
Price+$13spread −1.013% now, avg −1.148% → +0.134% if it goes back
Costs−$350.348% 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 OKXnow
RANGE STATS · 7D
Now−1.013%
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
2 ok · 3 to watch- OK: Fits both order books6.2 / 11.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $200OKX 50x, 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 OKX: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you−1.013% vs −1.148%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$108K vs $29.8M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Popdex NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0023%/8h × 21 periods+$4.92
Price spread−1.013% → −1.148% (7d avg)+$13.44
Slippage, 4 orderslive order books−$18.41
Fee OKX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$16.45
Costs to cover0.348%Break-even30.4 days
Slippage: OKX: live order book, 2 min ago; Popdex: live order book, 31 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX1.186.2 bp−$69.3 bp−$9331.9 bp−$3,192doesn’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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