Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004206 | +0.0100 | pay 0.0100% / 8h | 6h 43m | $1K | $855K | 20x | Long SunX≤10% back | |
| SHORT | 0.000004200 | +0.0096 | get 0.0012% / 1h | 43m 11s | $104K | $228K | 50x | Short Popdex |
Price gap−0.143%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$117 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−$1−0.0004% /8h now · paid −0.008% over the last 5 days (all we have)
Price+$117spread −0.143% now, avg −1.310% → +1.168% if it goes back
Costs−$1601.595% 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
Popdex price against SunXnow
RANGE STATS · 7D
Now−0.143%
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
2 ok · 3 to watch- Watch: Thin at this size47.2 / 17.6 bpAt $10k entering SunX costs 47.2 bp, fee and slippage, 2.7× Popdex’s.
- Note: Margin at max leverage$500 + $200SunX 20x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long SunX: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you−0.143% vs −1.310%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $104K 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 legSunX No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0005%/8h × 21 periods−$1.00
Price spread−0.143% → −1.310% (7d avg)+$116.75
Slippage, 4 orderslive order books−$145.15
Fee SunX bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$43.79
Costs to cover1.595%Break-evennever at this rate
Slippage: SunX: live order book, 35 min ago; Popdex: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX29.1547.2 bp−$47doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex4.7217.6 bp−$18179.6 bp−$1,796doesn’t fitdoesn’t fit
Closing costs about the same again.
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