Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.1480 | +0.0100 | pay 0.0050% / 4h | 3h 48m | $23.5M | $32.5M | 75x | Long Gate | |
| SHORT | 2.1585 | +0.0096 | get 0.0012% / 1h | 48m 55s | $68K | $304K | 20x | Short Popdex |
Price gap+0.489%48s
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$50 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 +0.055% over the last 7D
Price—spread +0.489%48s now · prices read too far apart to compare
Costs−$550.546% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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+0.489%
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
0 ok · 5 to watch- Watch: Large against open interest12.3 / 14.4 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$133 + $500Gate 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 Gate: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 48 s apart+0.489% vs −0.015%Part of this gap may be the market moving.
- Watch: Short leg is thinner$68K vs $23.5M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · Popdex NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0027%/8h × 21 periods+$5.64
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$33.23
Fee Gate bp × 2 orders−$15.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$48.99
price spread not counted: prices read too far apartCosts to cover0.546%Break-even67.8 days
Slippage: Gate: live order book, 1 min ago; Popdex: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate2.3212.3 bp−$1222.9 bp−$22970.2 bp−$7,020doesn’t fit
SELL · SHORTPopdex2.7614.4 bp−$14142.5 bp−$1,425doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex