Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004200 | +0.0096 | pay 0.0012% / 1h | 23m 54s | $108K | $229K | 50x | Long Popdex | |
| SHORT | 0.000004261 | +0.0100 | get 0.0100% / 8h | 3h 23m | $845K | $571K | 50x | Short Aster≤10% back |
Price gap+1.458%
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$23 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−$1+0.0004% /8h now · paid −0.006% over the last 5 days (all we have)
Price+$23spread +1.458% now, avg +1.228% → +0.230% if it goes back
Costs−$470.470% of $10k · taker + slippage, in and out
Result−$25−0.25%+ Points / potential airdropAster: Stage 5 · 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
Aster price against Popdexnow
RANGE STATS · 7D
Now+1.458%
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 size16.5 / 7.4 bpAt $10k entering Popdex costs 16.5 bp, fee and slippage, 2.2× Aster’s.
- Note: Margin at max leverage$200 + $200Popdex 50x, Aster 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short Aster: 3 payments, +$3.00.
- OK: Entry gap works for you+1.458% vs +1.228%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$108K vs $845K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legPopdex No · Aster NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0003%/8h × 21 periods−$0.73
Price spread+1.458% → +1.228% (7d avg)+$22.98
Slippage, 4 orderslive order books−$32.64
Fee Popdex bp × 2 orders−$6.40
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$24.79
Costs to cover0.470%Break-evennever at this rate
Slippage: Popdex: live order book, 44 min ago; Aster: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex5.9116.5 bp−$16doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAster1.777.4 bp−$79.9 bp−$99doesn’t fitdoesn’t fit
Closing costs about the same again.
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