Funding arb · Price arb / Crypto
TRUMP
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.1440 | +0.0100 | pay 0.0050% / 4h | 3h 03m | $17.6M | $32.0M | 75x | Long Bitget | |
| SHORT | 2.1450 | +0.0096 | get 0.0012% / 1h | 3m 04s | $66K | $311K | 20x | Short Popdex |
Price gap+0.047%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$11 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−$2−0.0004% /8h now · paid −0.019% over the last 7D
Price+$11spread +0.047% now, avg −0.065% → +0.112% if it goes back
Costs−$570.570% 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+0.047%
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
1 ok · 4 to watch- Watch: Thin at this size13.2 / 15.2 bpAt $10k entering Popdex costs 15.2 bp, fee and slippage, 1.2× Bitget’s.
- Note: Margin at max leverage$133 + $500Bitget 75x, 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 Bitget: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.047% vs −0.065%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$66K vs $17.6M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Popdex NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0009%/8h × 21 periods−$1.92
Price spread+0.047% → −0.065% (7d avg)+$11.17
Slippage, 4 orderslive order books−$38.61
Fee Bitget bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$47.75
Costs to cover0.570%Break-evennever at this rate
Slippage: Bitget: live order book, 7 min ago; Popdex: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget2.3213.2 bp−$1324.4 bp−$24454.7 bp−$5,468623.4 bp−$311.7K
SELL · SHORTPopdex3.0315.2 bp−$15145.1 bp−$1,451doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex