Funding arb · Price arb / Crypto
TRUMP
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.1465 | +0.0096 | pay 0.0012% / 1h | 22m 01s | $66K | $311K | 20x | Long Popdex | |
| SHORT | 2.1489 | +0.0100 | get 0.0050% / 4h | 2h 22m | $228K | $519K | 20x | Short Aster≤10% back |
Price gap+0.113%
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$10 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 −0.051% over the last 7D
Price+$10spread +0.113% now, avg +0.012% → +0.101% if it goes back
Costs−$510.515% of $10k · taker + slippage, in and out
Result−$46−0.46%+ Points / potential airdropAster: Stage 5 · 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+0.113%
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 · 3 to watch- Watch: Thin at this size16.3 / 9.7 bpAt $10k entering Popdex costs 16.3 bp, fee and slippage, 1.7× Aster’s.
- Note: Margin at max leverage$500 + $500Popdex 20x, Aster 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short Aster: 6 payments, +$3.00.
- OK: Entry gap works for you+0.113% vs +0.012%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$66K vs $228K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legPopdex No · Aster NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0025%/8h × 21 periods−$5.18
Price spread+0.113% → +0.012% (7d avg)+$10.13
Slippage, 4 orderslive order books−$37.07
Fee Popdex bp × 2 orders−$6.40
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$46.52
Costs to cover0.515%Break-evennever at this rate
Slippage: Popdex: live order book, 42 min ago; Aster: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex3.0316.3 bp−$16125.8 bp−$1,258doesn’t fitdoesn’t fit
SELL · SHORTAster4.669.7 bp−$1024.4 bp−$244doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex