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 | 17m 55s | $108K | $228K | 50x | Long Popdex | |
| SHORT | 0.000004260 | +0.0100 | get 0.0100% / 8h | 3h 17m | $30.1M | $139.7M | 50x | Short OKX |
Price gap+1.429%
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$27 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 −0.038% over the last 5 days (all we have)
Price+$27spread +1.429% now, avg +1.159% → +0.270% if it goes back
Costs−$440.445% 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
OKX price against Popdexnow
RANGE STATS · 7D
Now+1.429%
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
1 ok · 4 to watch- Watch: Thin at this size16.5 / 8.5 bpAt $10k entering Popdex costs 16.5 bp, fee and slippage, 1.9× OKX’s.
- Note: Margin at max leverage$200 + $200Popdex 50x, OKX 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 OKX: 3 payments, +$3.00.
- OK: Entry gap works for you+1.429% vs +1.159%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$108K vs $30.1M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · OKX YesAdvanced 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−$4.80
Price spread+1.429% → +1.159% (7d avg)+$26.96
Slippage, 4 orderslive order books−$28.06
Fee Popdex bp × 2 orders−$6.40
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$22.30
Costs to cover0.445%Break-evennever at this rate
Slippage: Popdex: live order book, 50 min ago; OKX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex5.9116.5 bp−$16doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX1.178.5 bp−$811.3 bp−$11331.2 bp−$3,120doesn’t fit
Closing costs about the same again.
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