Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.000004200+0.0096pay 0.0012% / 1h26m 10s$110K$216K50xLong Popdex
SHORT0.000004224+0.0100get 0.0100% / 8h7h 26m$2K$844K20xShort 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 forecast
Funding+$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

/8h

PEPE on 36 exchanges

lowest funding first

Before 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 + $500
    Popdex 50x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments 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 OI
    SunX 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 No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding 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 $10k
Costs to cover—Break-even—
Slippage: Popdex: live order book, 61 min ago; SunX: live order book, 57 min ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

Alert

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