Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.1445 | +0.0096 | pay 0.0012% / 1h | 17m 05s | $63K | $206K | 20x | Long Popdex | |
| SHORT | 2.1372 | +0.0100 | get 0.0050% / 4h | 1h 17m | $63.9M | $125.3M | 75x | Short Binance |
Price gap−0.340%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.357% under its 7d average: the price leg works against you, −$36 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$19+0.0004% /8h now · paid −0.195% over the last 7D
Price−$36spread −0.340% now, avg +0.017% → −0.357% if it goes back
Costs−$440.437% 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−0.340%
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 interest14.2 / 7.4 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$500 + $133Popdex 20x, Binance 75x. 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 Binance: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.340% vs +0.017%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$63K vs $63.9M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0096%/8h × 21 periods−$20.24
Price spread−0.340% → +0.017% (7d avg)−$35.69
Slippage, 4 orderslive order books−$27.27
Fee Popdex bp × 2 orders−$6.40
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$99.60
Costs to cover0.437%Break-evennever at this rate
Slippage: Popdex: live order book, 62 min ago; Binance: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex3.1514.2 bp−$14109.0 bp−$1,090doesn’t fitdoesn’t fit
SELL · SHORTBinance2.397.4 bp−$713.4 bp−$13439.3 bp−$3,929266.2 bp−$133.1K
Closing costs about the same again.
Reya
Phemex