Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5009 | +0.0096 | pay 0.0012% / 1h | 17m 44s | $82K | $274K | 20x | Long Popdex | |
| SHORT | 0.5016 | +0.0100 | get 0.0100% / 8h | 17m 44s | $24K | $835K | 50x | Short SunX≤10% back |
Price gap+0.140%
Funding gap+0.0004% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0004% /8h now · paid +0.001% over the last 6 days (all we have)
Price−$2spread +0.140% now, avg +0.159% → −0.019% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$2−0.02%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
SunX price against Popdexnow
RANGE STATS · 7D
Now+0.140%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hWLD on 38 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$500 + $200Popdex 20x, SunX 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: +$0.12Long Popdex: 24 payments, −$2.88; short SunX: 3 payments, +$3.00.
- Note: Gap at its usual level+0.140% vs +0.159%The price leg adds little either way.
- Watch: Short leg is thinner$24K vs $82K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPopdex No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods+$0.09
Price spread+0.140% → +0.159% (7d avg)−$1.93
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Popdex bp × 2 orders−$6.40
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Popdex: live order book, 60 min ago; SunX: live order book, 55 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex4.5417.3 bp−$17155.8 bp−$1,558doesn’t fitdoesn’t fit
SELL · SHORTSunX500.45doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Reya