Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0470 | +0.0100 | pay 0.0050% / 4h | 2h 42m | $2K | $798K | 50x | Long SunX≤10% back | |
| SHORT | 2.0465 | +0.0096 | get 0.0012% / 1h | 42m 21s | $68K | $196K | 20x | Short Popdex |
Price gap−0.024%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$10 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−$1−0.0004% /8h now · paid −0.011% over the last 6 days (all we have)
Price+$10spread −0.024% now, avg −0.123% → +0.099% if it goes back
Costs−$1971.971% of $10k · taker + slippage, in and out
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
Popdex price against SunXnow
RANGE STATS · 7D
Now−0.024%
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 size67.9 / 15.9 bpAt $10k entering SunX costs 67.9 bp, fee and slippage, 4.3× Popdex’s.
- Note: Margin at max leverage$200 + $500SunX 50x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long SunX: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you−0.024% vs −0.123%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$2K vs $68K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSunX No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0007%/8h × 21 periods−$1.37
Price spread−0.024% → −0.123% (7d avg)+$9.89
Slippage, 4 orderslive order books−$182.66
Fee SunX bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$188.54
Costs to cover1.971%Break-evennever at this rate
Slippage: SunX: live order book, 40 min ago; Popdex: live order book, 45 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX33.7767.9 bp−$68doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex3.1415.9 bp−$16178.7 bp−$1,787doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya
Phemex