Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5371 | +0.0100 | pay 0.0100% / 8h | 4h 35m | $84.4M | $130.8M | 50x | Long Bybit | |
| SHORT | 0.5369 | +0.0096 | get 0.0012% / 1h | 35m 39s | $98K | $507K | 20x | Short Popdex |
Price gap−0.037%
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−$1−0.0004% /8h now · paid −0.011% over the last 7D
Price+$1spread −0.037% now, avg −0.046% → +0.009% if it goes back
Costs−$430.429% 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−0.037%
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 interest10.5 / 11.9 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$200 + $500Bybit 50x, 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 Bybit: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Note: Gap at its usual level−0.037% vs −0.046%The price leg adds little either way.
- Watch: Short leg is thinner$98K vs $84.4M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Yes · Popdex NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0006%/8h × 21 periods−$1.16
Price spread−0.037% → −0.046% (7d avg)+$0.85
Slippage, 4 orderslive order books−$25.52
Fee Bybit bp × 2 orders−$11.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$43.24
Costs to cover0.429%Break-evennever at this rate
Slippage: Bybit: live order book, 5 min ago; Popdex: live order book, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit0.9310.5 bp−$1119.2 bp−$19277.4 bp−$7,741doesn’t fit
SELL · SHORTPopdex1.3011.9 bp−$1293.8 bp−$938doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya