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 48s | $98K | $506K | 20x | Long Popdex | |
| SHORT | 0.5414 | +0.0100 | get 0.0100% / 8h | 5h 23m | $24.0M | $40.5M | 75x | Short Gate |
Price gap+0.055%
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$4 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 −0.039% over the last 7D
Price+$4spread +0.055% now, avg +0.014% → +0.042% if it goes back
Costs−$660.661% 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+0.055%
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: Thin at this size19.0 / 15.2 bpAt $10k entering Popdex costs 19.0 bp, fee and slippage, 1.3× Gate’s.
- Note: Margin at max leverage$500 + $133Popdex 20x, Gate 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 Gate: 3 payments, +$3.00.
- OK: Entry gap works for you+0.055% vs +0.014%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$98K vs $24.0M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Gate YesKYC 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−0.0019%/8h × 21 periods−$4.04
Price spread+0.055% → +0.014% (7d avg)+$4.16
Slippage, 4 orderslive order books−$44.73
Fee Popdex bp × 2 orders−$6.40
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$66.02
Costs to cover0.661%Break-evennever at this rate
Slippage: Popdex: live order book, 56 min ago; Gate: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex5.9319.0 bp−$19119.3 bp−$1,193doesn’t fitdoesn’t fit
SELL · SHORTGate1.8515.2 bp−$1535.6 bp−$35667.2 bp−$6,715150.4 bp−$75.2K
Closing costs about the same again.
Reya