Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.1528 | +0.0100 | pay 0.0013% / 1h | 7m 18s | $11.8M | $8.4M | 10x | Long Hyperliquid4% off | |
| SHORT | 2.1516 | +0.0096 | get 0.0012% / 1h | 7m 18s | $66K | $311K | 20x | Short Popdex |
Price gap−0.056%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$5−0.0004% /8h now · paid +0.053% over the last 7D
Price−$1spread −0.056% now, avg −0.042% → −0.014% if it goes back
Costs−$440.436% of $10k · taker + slippage, in and out
Result−$40−0.40%+ Points / potential airdropHyperliquid: Season 2 · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.056%
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
3 ok · 2 to watch- Watch: Large against open interest8.6 / 14.4 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$1,000 + $500Hyperliquid 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.12Long Hyperliquid: 24 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Note: Gap at its usual level−0.056% vs −0.042%The price leg adds little either way.
- Watch: Short leg is thinner$66K vs $11.8M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0026%/8h × 21 periods+$5.45
Price spread−0.056% → −0.042% (7d avg)−$1.40
Slippage, 4 orderslive order books−$28.17
Fee Hyperliquid bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$39.52
Costs to cover0.436%Break-even57.8 days
Slippage: Hyperliquid: live order book, 12 min ago; Popdex: live order book, 62 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid0.708.6 bp−$917.0 bp−$17046.3 bp−$4,626doesn’t fit
SELL · SHORTPopdex2.7614.4 bp−$14142.5 bp−$1,425doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex