Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5128 | +0.0096 | pay 0.0012% / 1h | 34m 14s | $84K | $299K | 20x | Long Popdex | |
| SHORT | 0.5124 | +0.0185 | get 0.0185% / 8h | 5h 34m | $5.2M | $1.9M | 75x | Short BloFin |
Price gap−0.078%
Funding gap+0.0089% /8h
Funding pays +$3 a day on $10k, but the gap is 0.108% under its 7d average: −$11 if it goes back, about 4.1 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$16+0.0089% /8h now · paid +0.159% over the last 6 days (all we have)
Price−$11spread −0.078% now, avg +0.030% → −0.108% if it goes back
Costs−$510.505% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.078%
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 / 11.4 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$500 + $133Popdex 20x, BloFin 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: +$2.66Long Popdex: 24 payments, −$2.88; short BloFin: 3 payments, +$5.54.
- Watch: Gap narrower than usual−0.078% vs +0.030%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 $5.2M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · BloFin LimitedNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0087%/8h × 21 periods+$18.37
Price spread−0.078% → +0.030% (7d avg)−$10.77
Slippage, 4 orderslive order books−$32.13
Fee Popdex bp × 2 orders−$6.40
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$42.93
Costs to cover0.505%Break-even23.4 days
Slippage: Popdex: live order book, 47 min ago; BloFin: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.2512.8 bp−$13159.7 bp−$1,597doesn’t fitdoesn’t fit
SELL · SHORTBloFin1.9411.4 bp−$1115.9 bp−$15939.5 bp−$3,950106.2 bp−$53.1K
Closing costs about the same again.
Reya