Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.004100 | +0.0096 | pay 0.0012% / 1h | 2m 14s | $62K | $231K | 20x | Long Popdex | |
| SHORT | 0.004132 | −0.0032 | pay 0.0004% / 1h | 2m 14s | $697K | $1.1M | 55x | Short TxFlow5% off |
Price gap+0.780%
Funding gap−0.0128% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.219% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27−0.0128% /8h now · paid −0.269% over the last 7D
Price−$22spread +0.780% now, avg +0.999% → −0.219% if it goes back
Costs−$460.459% of $10k · taker + slippage, in and out
Result−$95−0.95%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.780%
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
3 ok · 3 to watch- Watch: Thin at this size15.7 / 6.1 bpAt $10k entering Popdex costs 15.7 bp, fee and slippage, 2.6× TxFlow’s.
- Note: Margin at max leverage$500 + $182Popdex 20x, TxFlow 55x. 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: −$3.85Long Popdex: 24 payments, −$2.88; short TxFlow: 24 payments, −$0.97.
- Watch: Gap narrower than usual+0.780% vs +0.999%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$62K vs $697K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0128%/8h × 21 periods−$26.94
Price spread+0.780% → +0.999% (7d avg)−$21.86
Slippage, 4 orderslive order books−$30.53
Fee Popdex bp × 2 orders−$6.40
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$94.73
Costs to cover0.459%Break-evennever at this rate
Slippage: Popdex: live order book, 5 min ago; TxFlow: live order book, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.4315.7 bp−$16147.0 bp−$1,470doesn’t fitdoesn’t fit
SELL · SHORTTxFlow1.216.1 bp−$612.6 bp−$12647.2 bp−$4,722doesn’t fit
Closing costs about the same again.
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