Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5411 | +0.0096 | pay 0.0012% / 1h | 23m 24s | $98K | $506K | 20x | Long Popdex | |
| SHORT | 0.5401 | +0.0100 | get 0.0100% / 8h | 5h 23m | $119.6M | $400.4M | 75x | Short Binance |
Price gap−0.182%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.205% under its 7d average: the price leg works against you, −$21 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6+0.0004% /8h now · paid −0.060% over the last 7D
Price−$21spread −0.182% now, avg +0.023% → −0.205% if it goes back
Costs−$540.538% 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−0.182%
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 · 5 to watch- Watch: Thin at this size19.0 / 7.4 bpAt $10k entering Popdex costs 19.0 bp, fee and slippage, 2.6× Binance’s.
- Note: Margin at max leverage$500 + $133Popdex 20x, Binance 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short Binance: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.182% vs +0.023%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$98K vs $119.6M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Binance YesVerified 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−0.0029%/8h × 21 periods−$6.19
Price spread−0.182% → +0.023% (7d avg)−$20.53
Slippage, 4 orderslive order books−$37.39
Fee Popdex bp × 2 orders−$6.40
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$80.52
Costs to cover0.538%Break-evennever at this rate
Slippage: Popdex: live order book, 57 min ago; Binance: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex5.9319.0 bp−$19119.3 bp−$1,193doesn’t fitdoesn’t fit
SELL · SHORTBinance0.937.4 bp−$715.4 bp−$15452.9 bp−$5,291175.3 bp−$87.7K
Closing costs about the same again.
Reya