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 | 52m 13s | $127K | $348K | 10x | Long Bulk | |
| SHORT | 0.005800 | +0.0096 | get 0.0012% / 1h | 52m 13s | $78K | $1.8M | 20x | Short Popdex |
Price gap−0.327%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$76 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 +0.014% over the last 5 days (all we have)
Price+$76spread −0.327% now, avg −1.082% → +0.756% if it goes back
Costs−$310.312% 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 Bulknow
RANGE STATS · 7D
Now−0.327%
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- Watch: Large against open interest5.0 / 8.8 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$1,000 + $500Bulk 10x, Popdex 20x. 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: −$0.12Long Bulk: 24 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you−0.327% vs −1.082%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$78K vs $127K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legBulk No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0009%/8h × 21 periods+$1.86
Price spread−0.327% → −1.082% (7d avg)+$75.56
Slippage, 4 orderslive order books−$17.80
Fee Bulk bp × 2 orders−$7.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$46.22
Costs to cover0.312%Break-evenfrom the start
Slippage: Bulk: live order book, 7 min ago; Popdex: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBulk0.015.0 bp−$56.6 bp−$66doesn’t fitdoesn’t fit
SELL · SHORTPopdex0.868.8 bp−$9222.0 bp−$2,220doesn’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 ↗ |
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