Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0482 | +0.0050 | pay 0.0025% / 4h | 24m 01s | $105K | $191K | 20x | Long edgeX | |
| SHORT | 2.0535 | +0.0096 | get 0.0012% / 1h | 24m 01s | $67K | $197K | 20x | Short Popdex |
Price gap+0.261%59s
Funding gap+0.0046% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.234% above its 7d average: +$23 more if it goes back.
The two prices were read 59 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$15+0.0046% /8h now · paid +0.147% over the last 6 days (all we have)
Price—spread +0.261%59s now · prices read too far apart to compare
Costs−$700.705% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Popdex price against edgeXnow
RANGE STATS · 7D
Now+0.261%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTRUMP on 32 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size20.2 / 15.2 bpAt $10k entering edgeX costs 20.2 bp, fee and slippage, 1.3× Popdex’s.
- Note: Margin at max leverage$500 + $500edgeX 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: +$1.38Long edgeX: 6 payments, −$1.50; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 59 s apart+0.261% vs +0.027%Part of this gap may be the market moving.
- Watch: Short leg is thinner$67K vs $105K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0085%/8h × 21 periods+$17.82
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$55.05
Fee edgeX bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$52.63
price spread not counted: prices read too far apartCosts to cover0.705%Break-even27.7 days
Slippage: edgeX: live order book, 7 min ago; Popdex: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX12.1920.2 bp−$2047.7 bp−$477doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.4115.2 bp−$15141.1 bp−$1,411doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex