Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.004271 | +0.0100 | pay 0.0050% / 4h | 3h 05m | $4.1M | $1.1M | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.004200 | +0.0096 | get 0.0012% / 1h | 5m 30s | $67K | $202K | 20x | Short Popdex |
Price gap−1.654%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is 0.662% under its 7d average: the price leg works against you, −$66 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$22−0.0004% /8h now · paid +0.219% over the last 7D
Price−$66spread −1.654% now, avg −0.992% → −0.662% if it goes back
Costs−$370.374% of $10k · taker + slippage, in and out
Result−$82−0.82%+ Points / potential airdropVariational Omni: 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−1.654%
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 · 4 to watch- Watch: Large against open interest10.5 / 8.1 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$200 + $500Variational Omni 50x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long Variational Omni: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−1.654% vs −0.992%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$67K vs $4.1M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0104%/8h × 21 periods+$21.93
Price spread−1.654% → −0.992% (7d avg)−$66.20
Slippage, 4 orderslive order books−$31.00
Fee Variational Omni bp × 2 orders$0.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$81.68
Costs to cover0.374%Break-even33.1 days
Slippage: Variational Omni: RFQ quote, 3 min ago; Popdex: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.6810.5 bp−$1114.1 bp−$141doesn’t fitdoesn’t fit
SELL · SHORTPopdex1.168.1 bp−$846.2 bp−$462doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 09:05 | Reya | Listing | new market PUMPRUSDPERP ($PUMP) seen by our collector |
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| 10-06 06:57 | Bullet | Listing | new market PUMP-USD ($PUMP) seen by our collector |


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