Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3789 | +0.0096 | pay 0.0012% / 1h | 51m 15s | $58K | $469K | 20x | Long Popdex | |
| SHORT | 0.3790 | +0.0032 | get 0.0032% / 8h | 7h 51m | $13.1M | $12.0M | 50x | Short KuCoin |
Price gap+0.026%
Funding gap−0.0064% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$22−0.0064% /8h now · paid −0.223% over the last 7D
Price+$2spread +0.026% now, avg +0.006% → +0.020% if it goes back
Costs−$810.806% 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+0.026%
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 · 4 to watch- Watch: Thin at this size23.2 / 16.4 bpAt $10k entering Popdex costs 23.2 bp, fee and slippage, 1.4× KuCoin’s.
- Note: Margin at max leverage$500 + $200Popdex 20x, KuCoin 50x. 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: −$1.92Long Popdex: 24 payments, −$2.88; short KuCoin: 3 payments, +$0.96.
- Note: Gap at its usual level+0.026% vs +0.006%The price leg adds little either way.
- Watch: Long leg is thinner$58K vs $13.1M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · KuCoin YesStandard 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−0.0106%/8h × 21 periods−$22.29
Price spread+0.026% → +0.006% (7d avg)+$1.99
Slippage, 4 orderslive order books−$62.17
Fee Popdex bp × 2 orders−$6.40
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$100.86
Costs to cover0.806%Break-evennever at this rate
Slippage: Popdex: live order book, 41 min ago; KuCoin: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex10.9223.2 bp−$2393.0 bp−$930doesn’t fitdoesn’t fit
SELL · SHORTKuCoin7.8816.4 bp−$1632.5 bp−$325doesn’t fitdoesn’t fit
Closing costs about the same again.
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