Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5370 | +0.0100 | pay 0.0100% / 8h | 3h 49m | $118.8M | $403.7M | 75x | Long Binance | |
| SHORT | 0.5369 | +0.0096 | get 0.0012% / 1h | 49m 44s | $99K | $507K | 20x | Short Popdex |
Price gap−0.014%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6−0.0004% /8h now · paid +0.062% over the last 7D
Price+$1spread −0.014% now, avg −0.023% → +0.009% if it goes back
Costs−$390.386% 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−0.014%
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
/8hWLD on 39 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Large against open interest5.9 / 12.8 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$133 + $500Binance 75x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long Binance: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Note: Gap at its usual level−0.014% vs −0.023%The price leg adds little either way.
- Watch: Short leg is thinner$99K vs $118.8M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Popdex NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0030%/8h × 21 periods+$6.38
Price spread−0.014% → −0.023% (7d avg)+$0.85
Slippage, 4 orderslive order books−$22.17
Fee Binance bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$31.34
Costs to cover0.386%Break-even41.4 days
Slippage: Binance: live order book, 11 min ago; Popdex: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance0.935.9 bp−$615.7 bp−$15752.2 bp−$5,222195.1 bp−$97.5K
SELL · SHORTPopdex1.3912.8 bp−$13112.1 bp−$1,121doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya