Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005808 | +0.0104 | pay 0.0013% / 1h | 35m 39s | $4.8M | $7.4M | 50x | Long Extended10% off | |
| SHORT | 0.005856 | +0.0100 | get 0.0013% / 1h | 35m 39s | $128K | $357K | 10x | Short Bulk |
Price gap+0.827%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$81 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−$9−0.0004% /8h now · paid −0.089% over the last 5 days (all we have)
Price+$81spread +0.827% now, avg +0.019% → +0.808% if it goes back
Costs−$230.228% of $10k · taker + slippage, in and out
Result+$49+0.49%+ Points / potential airdropExtended: points · farm boardWhat 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
Bulk price against Extendednow
RANGE STATS · 7D
Now+0.827%
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
5 ok · 1 to watch- OK: Fits both order books5.0 / 5.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Extended 50x, Bulk 10x. 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 Extended: 24 payments, −$3.12; short Bulk: 24 payments, +$3.00.
- OK: Entry gap works for you+0.827% vs +0.019%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$128K vs $4.8M OIBulk sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · Bulk NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0055%/8h × 21 periods−$11.60
Price spread+0.827% → +0.019% (7d avg)+$80.77
Slippage, 4 orderslive order books−$10.85
Fee Extended bp × 2 orders−$5.00
Fee Bulk bp × 2 orders−$7.00
Net · 7 days · $10k+$46.31
Costs to cover0.228%Break-evenfrom the start
Slippage: Extended: live order book, 3 min ago; Bulk: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGExtended0.855.0 bp−$513.4 bp−$134doesn’t fitdoesn’t fit
SELL · SHORTBulk1.085.8 bp−$67.7 bp−$77doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-28 15:16 | Phoenix | Contest | It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗ |
| 09-25 14:48 | Phoenix | Contest | $SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗ |
| 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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