Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2227 | +0.0240 | pay 0.0030% / 1h | 27m 17s | $277K | $2.5M | 50x | Long Coinbase International | |
| SHORT | 0.2218 | +0.0096 | get 0.0012% / 1h | 27m 17s | $106K | $227K | 50x | Short Popdex |
Price gap−0.386%
Funding gap−0.0144% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.291% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$45−0.0144% /8h now · paid −0.450% over the last 6 days (all we have)
Price−$29spread −0.386% now, avg −0.095% → −0.291% if it goes back
Costs−$780.777% of $10k · taker + slippage, in and out
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
Popdex price against Coinbase Internationalnow
RANGE STATS · 7D
Now−0.386%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hXLM on 32 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size11.8 / 27.1 bpAt $10k entering Popdex costs 27.1 bp, fee and slippage, 2.3× Coinbase International’s.
- Note: Margin at max leverage$200 + $200Coinbase International 50x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$4.32Long Coinbase International: 24 payments, −$7.20; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.386% vs −0.095%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$106K vs $277K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCCoinbase International Yes · Popdex NoID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0264%/8h × 21 periods−$55.40
Price spread−0.386% → −0.095% (7d avg)−$29.14
Slippage, 4 orderslive order books−$61.35
Fee Coinbase International bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$162.29
Costs to cover0.777%Break-evennever at this rate
Slippage: Coinbase International: live order book, 2 min ago; Popdex: live order book, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGCoinbase International2.9211.8 bp−$1220.2 bp−$202doesn’t fitdoesn’t fit
SELL · SHORTPopdex2.2527.1 bp−$27209.5 bp−$2,095doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 08:55 | ApeX Omni | Other | 50 up, 36 down on the ApeX board, median +1.1%. DeFi and payment names swept it: $CRV +21.5%, $HBAR +20.3%, ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 +15.8%, $XLM +11.2%, $AAVE +11.2%. ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 has bounced 64% off its August low since ApeX confirmed on 9 Sep that supply is fixed at 500M with no unlocks left. @OfficialApeXdex on X ↗ |


ApeX Omni