Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5143 | +0.0096 | pay 0.0012% / 1h | 36m 24s | $84K | $301K | 20x | Long Popdex | |
| SHORT | 0.5140 | +0.0100 | get 0.0100% / 8h | 5h 36m | $16.9M | $20.1M | 300x | Short BingX |
Price gap−0.058%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is 0.084% under its 7d average: the price leg works against you, −$8 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0004% /8h now · paid +0.016% over the last 6 days (all we have)
Price−$8spread −0.058% now, avg +0.025% → −0.084% if it goes back
Costs−$390.390% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.058%
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: Large against open interest12.8 / 6.5 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$500 + $33Popdex 20x, BingX 300x. 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 BingX: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.058% vs +0.025%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$84K vs $16.9M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · BingX YesAdvanced 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+0.0009%/8h × 21 periods+$1.88
Price spread−0.058% → +0.025% (7d avg)−$8.35
Slippage, 4 orderslive order books−$22.60
Fee Popdex bp × 2 orders−$6.40
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$45.47
Costs to cover0.390%Break-even176.0 days
Slippage: Popdex: live order book, 45 min ago; BingX: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.2512.8 bp−$13159.7 bp−$1,597doesn’t fitdoesn’t fit
SELL · SHORTBingX0.976.5 bp−$611.9 bp−$11928.0 bp−$2,80497.5 bp−$48.7K
Closing costs about the same again.

