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 10s | $110K | $216K | 50x | Long Popdex | |
| SHORT | 0.000004224 | +0.0100 | get 0.0100% / 8h | 7h 26m | $2K | $844K | 20x | Short SunX≤10% back |
Price gap+0.564%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.771% under its 7d average: the price leg works against you, −$77 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0004% /8h now · paid +0.009% over the last 5 days (all we have)
Price−$77spread +0.564% now, avg +1.336% → −0.771% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$76−0.76%no pointscosts unknown: book too thin at $10k · What 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
SunX price against Popdexnow
RANGE STATS · 7D
Now+0.564%
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- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$200 + $500Popdex 50x, SunX 20x. 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 SunX: 3 payments, +$3.00.
- Watch: Gap narrower than usual+0.564% vs +1.336%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$2K vs $110K OISunX 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 · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0006%/8h × 21 periods+$1.16
Price spread+0.564% → +1.336% (7d avg)−$77.15
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Popdex bp × 2 orders−$6.40
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Popdex: live order book, 61 min ago; SunX: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex9.3923.9 bp−$24170.2 bp−$1,702doesn’t fitdoesn’t fit
SELL · SHORTSunX29.19doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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