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 | 3h 09m | $25.5M | $41.0M | 75x | Long Gate | |
| SHORT | 0.5373 | +0.0096 | get 0.0012% / 1h | 9m 16s | $100K | $506K | 20x | Short Popdex |
Price gap+0.037%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$5 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4−0.0004% /8h now · paid +0.041% over the last 7D
Price+$5spread +0.037% now, avg −0.013% → +0.051% if it goes back
Costs−$510.508% 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
1 ok · 4 to watch- Watch: Large against open interest10.8 / 12.8 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$133 + $500Gate 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 Gate: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.037% vs −0.013%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$100K vs $25.5M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · Popdex NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0020%/8h × 21 periods+$4.23
Price spread+0.037% → −0.013% (7d avg)+$5.06
Slippage, 4 orderslive order books−$29.44
Fee Gate bp × 2 orders−$15.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$41.55
Costs to cover0.508%Break-even75.7 days
Slippage: Gate: live order book, 1 min ago; Popdex: live order book, 61 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate1.8610.8 bp−$1125.1 bp−$25149.5 bp−$4,953doesn’t fit
SELL · SHORTPopdex1.3912.8 bp−$13112.1 bp−$1,121doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya