Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.004200 | +0.0096 | pay 0.0012% / 1h | 4m 42s | $67K | $202K | 20x | Long Popdex | |
| SHORT | 0.004275 | −0.0093 | pay 0.0012% / 1h | 4m 42s | $3K | $79K | 20x | Short Bullet |
Price gap+1.780%
Funding gap−0.0189% /8h
The gap pays +$178 on $10k if it goes back to zero (no 7-day history yet), but funding costs $6 a day and eats that in about 31 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$51−0.0189% /8h now · paid −0.512% over the last 7D
Price—spread +1.780% now · no price history on both exchanges yet
Costsno datano order book for Bullet
Result, before costs—no pointsneeds both price histories
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.780%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPUMP on 48 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for Bullet: its slippage is not counted.
- Note: Margin at max leverage$500 + $500Popdex 20x, Bullet 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: −$5.66Long Popdex: 24 payments, −$2.88; short Bullet: 24 payments, −$2.78.
- Note: No 7-day spread history+1.780%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$3K vs $67K OIBullet 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 · Bullet NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0244%/8h × 21 periods−$51.24
Price spread+1.780% → 0+$177.99
Slippage, 4 ordersno data for Bullet—
Fee Popdex bp × 2 orders−$6.40
Fee Bullet bp × 2 orders$0.00
Net, fees only · 7 days · $10k+$120.35
Costs to cover0.064%Break-evenfrom the start
Slippage: Popdex: live order book, 37 min ago; Bullet: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.168.2 bp−$853.5 bp−$535doesn’t fitdoesn’t fit
SELL · SHORTBullet—————
Closing costs about the same again.
Bullet: no data.
| 10-23 09:05 | Reya | Listing | new market PUMPRUSDPERP ($PUMP) seen by our collector |
| 10-15 05:29 | Derive | Listing | $PUMP options and perps are live on Derive. Block-size trades have already printed via RFQ. The order book is now just as tradeable, with deep liquidity on screen. @DeriveXYZ on X ↗ |
| 10-13 15:13 | OKX | Other | Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗ |
| 10-13 13:51 | Ondo Perps | Listing | New crypto perps campaign. New users can get up to 75% of fees back on crypto trades. The more volume you trade, the higher your fee rebate: ▸ $10K+ volume → get 10% of fees back ▸ $50K+ → get 25% back ▸ $250K+ → get 50% back ▸ $1M+ → get 75% back Crypto perps included in the campaign: ▸ $BTC ▸ $ETH ▸ $ZEC ▸ $SOL ▸ $ENA ▸ $XRP ▸ $HYPE ▸ $PUMP ▸ $ONDO Running from October 13 at 9AM ET to October 20 at 9AM ET. Limited to users who sign up for Ondo Perps after the campaign starts. Rebates are capped at $500 per user. Trade now → @OndoPerps on X ↗ |
| 10-06 07:18 | Bullet | Listing | By popular demand, $PUMP perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 10-06 06:57 | Bullet | Listing | new market PUMP-USD ($PUMP) seen by our collector |


Derive
OKX