Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1787 | −0.0116 | get 0.0014% / 1h | 58m 01s | $364K | $88K | 25x | Long TxFlow5% off | |
| SHORT | 0.1791 | +0.0096 | get 0.0012% / 1h | 58m 01s | $58K | $124K | 20x | Short Popdex |
Price gap+0.224%
Funding gap+0.0212% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.040% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$52+0.0212% /8h now · paid +0.515% over the last 7D
Price+$4spread +0.224% now, avg +0.183% → +0.040% if it goes back
Costs−$1131.128% of $10k · taker + slippage, in and out
Result−$57−0.57%+ 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+0.224%
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
4 ok · 2 to watch- Watch: Thin at this size7.3 / 38.3 bpAt $10k entering Popdex costs 38.3 bp, fee and slippage, 5.2× TxFlow’s.
- Note: Margin at max leverage$400 + $500TxFlow 25x, Popdex 20x. 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 TxFlow: 24 payments, +$3.48; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.224% vs +0.183%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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 legTxFlow No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0245%/8h × 21 periods+$51.52
Price spread+0.224% → +0.183% (7d avg)+$4.04
Slippage, 4 orderslive order books−$97.37
Fee TxFlow bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$57.20
Costs to cover1.128%Break-even14.8 days
Slippage: TxFlow: live order book, 58 min ago; Popdex: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.817.3 bp−$714.8 bp−$14892.8 bp−$9,280doesn’t fit
SELL · SHORTPopdex2.8038.3 bp−$38131.3 bp−$1,313doesn’t fitdoesn’t fit
Closing costs about the same again.
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