Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0795 | +0.0096 | pay 0.0012% / 1h | 10m 37s | $68K | $184K | 20x | Long Popdex | |
| SHORT | 2.0785 | +0.0104 | get 0.0013% / 1h | 10m 37s | $81K | $950K | 25x | Short Extended10% off |
Price gap−0.050%
Funding gap+0.0008% /8h
Funding is ≈ 0 and the gap is 0.021% under its 7d average: the price leg works against you, −$2 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$36+0.0008% /8h now · paid −0.358% over the last 7D
Price−$2spread −0.050% now, avg −0.029% → −0.021% if it goes back
Costs−$570.568% of $10k · taker + slippage, in and out
Result−$95−0.95%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Entry / ExitPopdex: thin, under $1M open interest · Extended: thin, under $1M open interest
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−0.050%
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 size17.2 / 10.2 bpAt $10k entering Popdex costs 17.2 bp, fee and slippage, 1.7× Extended’s.
- Note: Margin at max leverage$500 + $400Popdex 20x, Extended 25x. 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: +$0.24Long Popdex: 24 payments, −$2.88; short Extended: 24 payments, +$3.12.
- Watch: Gap narrower than usual−0.050% vs −0.029%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$68K vs $81K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · Extended NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0189%/8h × 21 periods−$39.64
Price spread−0.050% → −0.029% (7d avg)−$2.09
Slippage, 4 orderslive order books−$45.40
Fee Popdex bp × 2 orders−$6.40
Fee Extended bp × 2 orders−$5.00
Net · 7 days · $10k−$98.52
Costs to cover0.568%Break-evennever at this rate
Slippage: Popdex: live order book, 26 min ago; Extended: live order book, 27 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex3.3517.2 bp−$17148.1 bp−$1,481doesn’t fitdoesn’t fit
SELL · SHORTExtended7.1910.2 bp−$1034.1 bp−$341doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex