Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005800 | +0.0096 | pay 0.0012% / 1h | 35m 39s | $80K | $1.8M | 20x | Long Popdex | |
| SHORT | 0.005856 | +0.0100 | get 0.0013% / 1h | 35m 39s | $128K | $357K | 10x | Short Bulk |
Price gap+0.966%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.128% under its 7d average: the price leg works against you, −$13 on $10k if it goes back.
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−$13spread +0.966% now, avg +1.094% → −0.128% if it goes back
Costs−$350.348% 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
Bulk price against Popdexnow
RANGE STATS · 7D
Now+0.966%
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
2 ok · 3 to watch- Watch: Large against open interest12.0 / 5.8 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$500 + $1,000Popdex 20x, 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 Popdex: 24 payments, −$2.88; short Bulk: 24 payments, +$3.00.
- Watch: Gap narrower than usual+0.966% vs +1.094%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$80K vs $128K 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 legPopdex No · Bulk 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−$1.87
Price spread+0.966% → +1.094% (7d avg)−$12.85
Slippage, 4 orderslive order books−$21.37
Fee Popdex bp × 2 orders−$6.40
Fee Bulk bp × 2 orders−$7.00
Net · 7 days · $10k−$49.49
Costs to cover0.348%Break-evennever at this rate
Slippage: Popdex: live order book, 3 min ago; Bulk: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.7112.0 bp−$12218.2 bp−$2,182doesn’t fitdoesn’t fit
SELL · SHORTBulk1.085.8 bp−$67.7 bp−$77doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 15:17 | OKX | Other | New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗ |
| 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 ↗ |


OKX
Phoenix
RISEx