Funding arb · Price arb / Crypto
TRUMP
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.1415 | +0.0096 | pay 0.0012% / 1h | 18m 48s | $66K | $311K | 20x | Long Popdex | |
| SHORT | 2.1430 | +0.0100 | get 0.0050% / 4h | 2h 18m | $4.2M | $7.4M | 50x | Short KuCoin |
Price gap+0.070%
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$6 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−$11+0.0004% /8h now · paid −0.113% over the last 7D
Price+$6spread +0.070% now, avg +0.013% → +0.057% if it goes back
Costs−$710.706% 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+0.070%
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
1 ok · 4 to watch- Watch: Thin at this size16.3 / 20.0 bpAt $10k entering KuCoin costs 20.0 bp, fee and slippage, 1.2× Popdex’s.
- Note: Margin at max leverage$500 + $200Popdex 20x, KuCoin 50x. 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 KuCoin: 6 payments, +$3.00.
- OK: Entry gap works for you+0.070% vs +0.013%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$66K vs $4.2M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0055%/8h × 21 periods−$11.50
Price spread+0.070% → +0.013% (7d avg)+$5.68
Slippage, 4 orderslive order books−$52.21
Fee Popdex bp × 2 orders−$6.40
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$76.43
Costs to cover0.706%Break-evennever at this rate
Slippage: Popdex: live order book, 45 min ago; KuCoin: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex3.0316.3 bp−$16125.8 bp−$1,258doesn’t fitdoesn’t fit
SELL · SHORTKuCoin4.6520.0 bp−$2066.6 bp−$666doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex