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 | 6m 40s | $111K | $151K | 50x | Long Popdex | |
| SHORT | 0.000004356 | −0.0059 | pay 0.0007% / 1h | 6m 40s | $149K | $36K | 10x | Short Polymarket Perps |
Price gap+1.302%
Funding gap−0.0155% /8h
The gap pays +$18 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 3.8 days. At the last 7 days' pace that is about 12 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11−0.0155% /8h now · paid −0.105% over the last 7D
Price+$18spread +1.302% now, avg +1.126% → +0.176% if it goes back
Costs−$400.402% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.302%
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 39 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books13.5 / 7.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Popdex 50x, Polymarket Perps 10x. 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: −$4.64Long Popdex: 24 payments, −$2.88; short Polymarket Perps: 24 payments, −$1.76.
- OK: Entry gap works for you+1.302% vs +1.126%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$111K vs $149K OIPopdex 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 · Polymarket Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0050%/8h × 21 periods−$10.55
Price spread+1.302% → +1.126% (7d avg)+$17.61
Slippage, 4 orderslive order books−$25.83
Fee Popdex bp × 2 orders−$6.40
Fee Polymarket Perps bp × 2 orders−$8.00
Net · 7 days · $10k−$33.17
Costs to cover0.402%Break-evennever at this rate
Slippage: Popdex: live order book, 40 min ago; Polymarket Perps: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex3.4213.5 bp−$1344.2 bp−$442doesn’t fitdoesn’t fit
SELL · SHORTPolymarket Perps2.287.9 bp−$811.4 bp−$114doesn’t fitdoesn’t fit
Closing costs about the same again.
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