Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3850 | −0.0004 | get 0.0004% / 8h | 55m 04s | $13.4M | $11.4M | 50x | Long KuCoin | |
| SHORT | 0.3848 | +0.0096 | get 0.0012% / 1h | 55m 04s | $63K | $411K | 20x | Short Popdex |
Price gap−0.052%48s
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.046% under its 7d average: −$5 if it goes back, about 37 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$22+0.0100% /8h now · paid +0.221% over the last 7D
Price—spread −0.052%48s now · prices read too far apart to compare
Costs−$680.676% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.052%
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 43 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size20.8 / 14.8 bpAt $10k entering KuCoin costs 20.8 bp, fee and slippage, 1.4× Popdex’s.
- Note: Margin at max leverage$200 + $500KuCoin 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: +$3.00Long KuCoin: 3 payments, +$0.12; short Popdex: 24 payments, +$2.88.
- Watch: Prices read 48 s apart−0.052% vs −0.006%Part of this gap may be the market moving.
- Watch: Short leg is thinner$63K vs $13.4M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCKuCoin Yes · Popdex NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0105%/8h × 21 periods+$22.05
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$49.21
Fee KuCoin bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$45.56
price spread not counted: prices read too far apartCosts to cover0.676%Break-even21.5 days
Slippage: KuCoin: live order book, 2 min ago; Popdex: live order book, 42 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin5.1820.8 bp−$2149.2 bp−$492166.0 bp−$16.6Kdoesn’t fit
SELL · SHORTPopdex1.9114.8 bp−$1595.4 bp−$954doesn’t fitdoesn’t fit
Closing costs about the same again.
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