Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005776 | +0.0100 | pay 0.0013% / 1h | 3m 40s | $126K | $350K | 10x | Long Bulk | |
| SHORT | 0.005814 | +0.0100 | get 0.0013% / 1h | 3m 40s | $1.1M | $588K | 5x | Short Backpack |
Price gap+0.653%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$61 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+$30.0000% /8h now · paid +0.028% over the last 5 days (all we have)
Price+$61spread +0.653% now, avg +0.040% → +0.612% if it goes back
Costs−$280.285% 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
Backpack price against Bulknow
RANGE STATS · 7D
Now+0.653%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPUMP on 42 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books5.7 / 10.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $2,000Bulk 10x, Backpack 5x. 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: $0.00Long Bulk: 24 payments, −$3.00; short Backpack: 24 payments, +$3.00.
- OK: Entry gap works for you+0.653% vs +0.040%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$126K vs $1.1M OIBulk sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBulk No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0017%/8h × 21 periods+$3.60
Price spread+0.653% → +0.040% (7d avg)+$61.25
Slippage, 4 orderslive order books−$11.45
Fee Bulk bp × 2 orders−$7.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k+$36.39
Costs to cover0.285%Break-evenfrom the start
Slippage: Bulk: live order book, 60 min ago; Backpack: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGBulk1.085.7 bp−$66.4 bp−$64doesn’t fitdoesn’t fit
SELL · SHORTBackpack1.8110.2 bp−$1023.4 bp−$234doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-24 14:13 | Bulk | Other | PUMP IT Trade $PUMP by @Pumpfun with up to 10x leverage now on @bulktrade on X ↗ |
| 09-18 16:36 | RISEx | Other | Privacy is still holding with $ZEC in its second straight week as a top gainer: +12.34% to +35.35%. Everything else on the weekly board turned over. Oil went from a gainer to a loser (CL and BZ both went a full round trip), while $PUMP went from -15.44% to +10.44% this week. @risextrade on X ↗ |
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