Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1792 | +0.0096 | pay 0.0012% / 1h | 50m 06s | $58K | $122K | 20x | Long Popdex | |
| SHORT | 0.1788 | −0.0116 | pay 0.0014% / 1h | 50m 06s | $364K | $88K | 25x | Short TxFlow5% off |
Price gap−0.223%
Funding gap−0.0212% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.040% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$52−0.0212% /8h now · paid −0.517% over the last 7D
Price−$4spread −0.223% now, avg −0.183% → −0.040% if it goes back
Costs−$1361.357% of $10k · taker + slippage, in and out
Result−$191−1.91%+ Points / potential airdropTxFlow: points · 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−0.223%
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
/8hWIF on 33 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size69.2 / 7.3 bpAt $10k entering Popdex costs 69.2 bp, fee and slippage, 9.5× TxFlow’s.
- Note: Margin at max leverage$500 + $400Popdex 20x, TxFlow 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: −$6.36Long Popdex: 24 payments, −$2.88; short TxFlow: 24 payments, −$3.48.
- Watch: Gap narrower than usual−0.223% vs −0.183%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$58K vs $364K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0246%/8h × 21 periods−$51.74
Price spread−0.223% → −0.183% (7d avg)−$3.97
Slippage, 4 orderslive order books−$120.26
Fee Popdex bp × 2 orders−$6.40
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$191.38
Costs to cover1.357%Break-evennever at this rate
Slippage: Popdex: live order book, 61 min ago; TxFlow: live order book, 61 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.7869.2 bp−$69140.9 bp−$1,409doesn’t fitdoesn’t fit
SELL · SHORTTxFlow2.797.3 bp−$718.4 bp−$18484.9 bp−$8,494doesn’t fit
Closing costs about the same again.
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