Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0340 | +0.0096 | pay 0.0012% / 1h | 30m 28s | $66K | $202K | 20x | Long Popdex | |
| SHORT | 2.0560 | +0.1024 | get 0.0128% / 1h | 30m 28s | $202K | $404K | 50x | Short Coinbase International |
Price gap+1.082%
Funding gap+0.0928% /8h
Both sides work: funding pays +$28 a day on $10k, and the gap is 0.923% above its 7d average: +$92 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$34+0.0928% /8h now · paid +0.344% over the last 6 days (all we have)
Price+$92spread +1.082% now, avg +0.158% → +0.923% if it goes back
Costs−$580.581% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 6 days it paid +0.344% in total, about +0.0208%/8h on average.
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Coinbase International price against Popdexnow
RANGE STATS · 7D
Now+1.082%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTRUMP on 32 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size9.7 / 19.7 bpAt $10k entering Coinbase International costs 19.7 bp, fee and slippage, 2.0× Popdex’s.
- Note: Margin at max leverage$500 + $200Popdex 20x, Coinbase International 50x. 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: +$27.84Long Popdex: 24 payments, −$2.88; short Coinbase International: 24 payments, +$30.72.
- OK: Entry gap works for you+1.082% vs +0.158%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$66K vs $202K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Coinbase International YesID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0208%/8h × 21 periods+$43.68
Price spread+1.082% → +0.158% (7d avg)+$92.31
Slippage, 4 orderslive order books−$41.74
Fee Popdex bp × 2 orders−$6.40
Fee Coinbase International bp × 2 orders−$10.00
Net · 7 days · $10k+$77.86
Costs to cover0.581%Break-evenfrom the start
Slippage: Popdex: live order book, 32 min ago; Coinbase International: live order book, 33 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.939.7 bp−$1063.7 bp−$637doesn’t fitdoesn’t fit
SELL · SHORTCoinbase International14.6619.7 bp−$2027.2 bp−$272doesn’t fitdoesn’t fit
Closing costs about the same again.
Phemex