Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 118.81 | +0.0100 | pay 0.0013% / 1h | 17m 56s | $864K | $7.0M | 20x | Long Bulk | |
| SHORT | 118.60 | +0.0096 | get 0.0012% / 1h | 17m 56s | $576K | $1.6M | 100x | Short Popdex |
Price gap−0.183%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is 0.183% under its 7d average: the price leg works against you, −$18 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7−0.0004% /8h now · paid −0.068% over the last 6 days (all we have)
Price−$18spread −0.183% now, avg 0.000% → −0.183% if it goes back
Costs−$170.167% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.183%
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
/8hSOL on 55 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books3.9 / 4.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $100Bulk 20x, Popdex 100x. 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 Bulk: 24 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.183% vs 0.000%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$576K vs $864K 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 legBulk No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0036%/8h × 21 periods−$7.59
Price spread−0.183% → 0.000% (7d avg)−$18.29
Slippage, 4 orderslive order books−$3.25
Fee Bulk bp × 2 orders−$7.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$42.53
Costs to cover0.167%Break-evennever at this rate
Slippage: Bulk: live order book, 5 min ago; Popdex: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBulk0.043.9 bp−$45.5 bp−$559.0 bp−$903doesn’t fit
SELL · SHORTPopdex1.314.7 bp−$54.8 bp−$4861.4 bp−$6,141doesn’t fit
Closing costs about the same again.
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