Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 118.63 | −0.0104 | get 0.0013% / 1h | 41m 31s | $576K | $1.6M | 100x | Long Popdex | |
| SHORT | 118.82 | +0.0100 | get 0.0013% / 1h | 41m 31s | $887K | $6.8M | 20x | Short Bulk |
Price gap+0.161%
Funding gap+0.0204% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.160% above its 7d average: +$16 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7+0.0204% /8h now · paid +0.068% over the last 6 days (all we have)
Price+$16spread +0.161% now, avg +0.001% → +0.160% if it goes back
Costs−$150.147% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 6 days it paid +0.068% in total, about +0.0036%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.161%
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 56 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books3.8 / 3.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$100 + $500Popdex 100x, Bulk 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: +$6.12Long Popdex: 24 payments, +$3.12; short Bulk: 24 payments, +$3.00.
- OK: Entry gap works for you+0.161% vs +0.001%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$576K vs $887K 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+0.0036%/8h × 21 periods+$7.63
Price spread+0.161% → +0.001% (7d avg)+$16.02
Slippage, 4 orderslive order books−$1.35
Fee Popdex bp × 2 orders−$6.40
Fee Bulk bp × 2 orders−$7.00
Net · 7 days · $10k+$8.91
Costs to cover0.147%Break-evenfrom the start
Slippage: Popdex: live order book, 1 min ago; Bulk: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.633.8 bp−$43.9 bp−$39doesn’t fitdoesn’t fit
SELL · SHORTBulk0.043.5 bp−$44.5 bp−$457.5 bp−$749doesn’t fit
Closing costs about the same again.
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