Funding arb · Price arb / Crypto
TRUMP
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.1539 | +0.0096 | pay 0.0012% / 1h | 12m 50s | $63K | $217K | 20x | Long Popdex | |
| SHORT | 2.1529 | +0.0096 | get 0.0012% / 1h | 12m 50s | $536K | $185K | 10x | Short Lighter7d free |
Price gap−0.046%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.065% under its 7d average: the price leg works against you, −$6 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$120.0000% /8h now · paid −0.124% over the last 7D
Price−$6spread −0.046% now, avg +0.018% → −0.065% if it goes back
Costs−$480.477% of $10k · taker + slippage, in and out
Result−$67−0.67%+ Points / potential airdropLighter: Season 3 · 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−0.046%
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 size15.8 / 6.4 bpAt $10k entering Popdex costs 15.8 bp, fee and slippage, 2.5× Lighter’s.
- Note: Margin at max leverage$500 + $1,000Popdex 20x, Lighter 10x. 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: $0.00Long Popdex: 24 payments, −$2.88; short Lighter: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.046% vs +0.018%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 $536K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legPopdex No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0061%/8h × 21 periods−$12.89
Price spread−0.046% → +0.018% (7d avg)−$6.47
Slippage, 4 orderslive order books−$41.33
Fee Popdex bp × 2 orders−$6.40
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$67.09
Costs to cover0.477%Break-evennever at this rate
Slippage: Popdex: live order book, 1 min ago; Lighter: live order book, 59 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.7815.8 bp−$16158.8 bp−$1,588doesn’t fitdoesn’t fit
SELL · SHORTLighter1.466.4 bp−$631.7 bp−$317doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex