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 | 26m 46s | $110K | $216K | 50x | Long Popdex | |
| SHORT | 0.000004214 | +0.0104 | get 0.0013% / 1h | 26m 46s | $435K | $79K | 25x | Short Extended10% off |
Price gap+0.322%
Funding gap+0.0008% /8h
Funding is ≈ 0 and the gap is 0.814% under its 7d average: the price leg works against you, −$81 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6+0.0008% /8h now · paid −0.062% over the last 5 days (all we have)
Price−$81spread +0.322% now, avg +1.137% → −0.814% if it goes back
Costs−$560.562% of $10k · taker + slippage, in and out
Result−$144−1.44%+ Points / potential airdropExtended: 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
Extended price against Popdexnow
RANGE STATS · 7D
Now+0.322%
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 size23.9 / 8.4 bpAt $10k entering Popdex costs 23.9 bp, fee and slippage, 2.8× Extended’s.
- Note: Margin at max leverage$200 + $400Popdex 50x, Extended 25x. 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: +$0.24Long Popdex: 24 payments, −$2.88; short Extended: 24 payments, +$3.12.
- Watch: Gap narrower than usual+0.322% vs +1.137%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$110K vs $435K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · Extended NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0039%/8h × 21 periods−$8.14
Price spread+0.322% → +1.137% (7d avg)−$81.44
Slippage, 4 orderslive order books−$44.83
Fee Popdex bp × 2 orders−$6.40
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$145.81
Costs to cover0.562%Break-evennever at this rate
Slippage: Popdex: live order book, 61 min ago; Extended: live order book, 61 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex9.3923.9 bp−$24170.2 bp−$1,702doesn’t fitdoesn’t fit
SELL · SHORTExtended3.528.4 bp−$851.1 bp−$511doesn’t fitdoesn’t fit
Closing costs about the same again.
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