Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5175 | +0.0100 | pay 0.0100% / 8h | 6h 15m | $16.4M | $19.6M | 300x | Long BingX | |
| SHORT | 0.5173 | +0.0096 | get 0.0012% / 1h | 15m 05s | $83K | $298K | 20x | Short Popdex |
Price gap−0.039%
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−$2−0.0004% /8h now · paid −0.018% over the last 6 days (all we have)
Price−$1spread −0.039% now, avg −0.026% → −0.013% if it goes back
Costs−$420.422% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.039%
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 interest6.9 / 13.7 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$33 + $500BingX 300x, 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 BingX: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Note: Gap at its usual level−0.039% vs −0.026%The price leg adds little either way.
- Watch: Short leg is thinner$83K vs $16.4M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · Popdex NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0010%/8h × 21 periods−$2.03
Price spread−0.039% → −0.026% (7d avg)−$1.30
Slippage, 4 orderslive order books−$25.79
Fee BingX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$45.52
Costs to cover0.422%Break-evennever at this rate
Slippage: BingX: live order book, 7 min ago; Popdex: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.936.9 bp−$710.4 bp−$10429.5 bp−$2,95288.9 bp−$44.4K
SELL · SHORTPopdex1.2513.7 bp−$14114.5 bp−$1,145doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya