Funding arb · Price arb / Crypto
TRUMP
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.1412 | +0.0100 | pay 0.0050% / 4h | 3h 03m | $236K | $498K | 20x | Long Aster≤10% back | |
| SHORT | 2.1450 | +0.0096 | get 0.0012% / 1h | 3m 03s | $66K | $311K | 20x | Short Popdex |
Price gap+0.180%49s
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$19 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$5−0.0004% /8h now · paid +0.050% over the last 7D
Price—spread +0.180%49s now · prices read too far apart to compare
Costs−$520.516% of $10k · taker + slippage, in and out
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+0.180%
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
/8hTRUMP on 33 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size12.6 / 15.2 bpAt $10k entering Popdex costs 15.2 bp, fee and slippage, 1.2× Aster’s.
- Note: Margin at max leverage$500 + $500Aster 20x, 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 Aster: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 49 s apart+0.180% vs −0.012%Part of this gap may be the market moving.
- Watch: Short leg is thinner$66K vs $236K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legAster No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0024%/8h × 21 periods+$5.08
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$37.21
Fee Aster bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$46.53
price spread not counted: prices read too far apartCosts to cover0.516%Break-even71.1 days
Slippage: Aster: live order book, 66 min ago; Popdex: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster2.3012.6 bp−$1327.4 bp−$274doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.0315.2 bp−$15145.1 bp−$1,451doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex