Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0460 | +0.0100 | pay 0.0050% / 4h | 3h 00m | $321K | $597K | 50x | Long HTX | |
| SHORT | 2.0426 | +0.0096 | get 0.0012% / 1h | 0m 29s | $65K | $186K | 20x | Short Popdex |
Price gap−0.166%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is 0.052% under its 7d average: the price leg works against you, −$5 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.0004% /8h now · paid −0.028% over the last 7D
Price−$5spread −0.166% now, avg −0.114% → −0.052% if it goes back
Costs−$710.709% 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−0.166%
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: Thin at this size18.5 / 12.9 bpAt $10k entering HTX costs 18.5 bp, fee and slippage, 1.4× Popdex’s.
- Note: Margin at max leverage$200 + $500HTX 50x, 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 HTX: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.166% vs −0.114%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$65K vs $321K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Popdex NoNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0015%/8h × 21 periods−$3.06
Price spread−0.166% → −0.114% (7d avg)−$5.18
Slippage, 4 orderslive order books−$52.46
Fee HTX bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$79.10
Costs to cover0.709%Break-evennever at this rate
Slippage: HTX: live order book, 44 min ago; Popdex: live order book, 43 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX9.8018.5 bp−$1842.2 bp−$422doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.4412.9 bp−$13138.0 bp−$1,380doesn’t fitdoesn’t fit
Closing costs about the same again.


Phemex