Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005819 | +0.0100 | pay 0.0013% / 1h | 56m 18s | $127K | $348K | 10x | Long Bulk | |
| SHORT | 0.005831 | +0.0112 | get 0.0010% / 43m | 30m 18s | $42K | $466K | 5x | Short Perpl |
Price gap+0.206%
Funding gap+0.0012% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.127% above its 7d average: +$13 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$25+0.0012% /8h now · paid +0.246% over the last 5 days (all we have)
Price+$13spread +0.206% now, avg +0.080% → +0.127% if it goes back
Costsno datano order book for Perpl
Result, before costs+$37+0.37%+ Points / potential airdropPerpl: points · farm boardcosts unknown: no order book for Perpl · 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
Perpl price against Bulknow
RANGE STATS · 7D
Now+0.206%
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- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $2,000Bulk 10x, Perpl 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 43mPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.30Long Bulk: 24 payments, −$3.00; short Perpl: 33 payments, +$3.30.
- OK: Entry gap works for you+0.206% vs +0.080%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$42K vs $127K OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl pointsVolume here counts toward the points program.
- OK: No KYC on either legBulk No · Perpl NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0151%/8h × 21 periods+$31.81
Price spread+0.206% → +0.080% (7d avg)+$12.65
Slippage, 4 ordersno data for Perpl—
Fee Bulk bp × 2 orders−$7.00
Fee Perpl bp × 2 orders−$13.80
Net, fees only · 7 days · $10k+$23.67
Costs to cover0.208%Break-even1.8 days
Slippage: Bulk: live order book, 3 min ago; Perpl: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBulk0.015.0 bp−$56.6 bp−$66doesn’t fitdoesn’t fit
SELL · SHORTPerpl—————
Closing costs about the same again.
Perpl: no data.
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| 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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