Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004300 | +0.0096 | pay 0.0012% / 1h | 58m 55s | $108K | $306K | 50x | Long Popdex | |
| SHORT | 0.000004334 | L +0.0571S −0.0767 | get 0.0096% / 1h | 58m 55s | $13K | $106K | 150x | Short gTrade (Gains Network) |
Price gap+0.798%
Funding gap+0.0671% /8h
Both sides work: funding pays +$20 a day on $10k, and the gap is 0.798% above zero (no 7-day history yet): +$80 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0671% /8h now · no funding history yet
Price—spread +0.798% now · no price history on both exchanges yet
Costs−$3083.084% of $10k · taker + slippage, in and out
Result—no pointsneeds funding history
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.798%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
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 · 2 to watch- Watch: Thin at this size19.7 / 135.0 bpAt $10k entering gTrade (Gains Network) costs 135.0 bp, fee and slippage, 6.9× Popdex’s.
- Note: Margin at max leverage$200 + $67Popdex 50x, gTrade (Gains Network) 150x. 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: +$20.13Long Popdex: 24 payments, −$2.88; short gTrade (Gains Network): 24 payments, +$23.01.
- Note: No 7-day spread history+0.798%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$13K vs $108K OIgTrade (Gains Network) sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPopdex No · gTrade (Gains Network) NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$140.88
Price spread+0.798% → 0+$79.77
Slippage, 4 orderslive order books−$292.02
Fee Popdex bp × 2 orders−$6.40
Fee gTrade (Gains Network) bp × 2 orders−$10.00
Net · 7 days · $10k−$87.78
Costs to cover3.084%Break-even11.4 days
Slippage: Popdex: live order book, 58 min ago; gTrade (Gains Network): virtual book (oracle exchange), 34 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex8.0819.7 bp−$20192.2 bp−$1,922doesn’t fitdoesn’t fit
SELL · SHORTgTrade (Gains Network)130.03135.0 bp−$135310.0 bp−$3,1004649.9 bp−$465.0Kdoesn’t fit
Closing costs about the same again.
| 09-30 01:05 | Reya | Listing | kPEPERUSDPERP no longer reported ($PEPE) seen by our collector |
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| 09-23 09:30 | Phemex | Other | BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗ |
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