Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2202 | +0.0100 | pay 0.0050% / 4h | 24m 51s | $14K | $382K | 10x | Long edgeX | |
| SHORT | 0.2207 | +0.0096 | get 0.0012% / 1h | 24m 51s | $106K | $225K | 50x | Short Popdex |
Price gap+0.246%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$22 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−$1−0.0004% /8h now · paid −0.006% over the last 6 days (all we have)
Price+$22spread +0.246% now, avg +0.025% → +0.221% if it goes back
Costs−$500.504% of $10k · taker + slippage, in and out
Result−$29−0.29%+ Points / potential airdropedgeX: points · farm boardWhat 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
Popdex price against edgeXnow
RANGE STATS · 7D
Now+0.246%
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
3 ok · 3 to watch- Watch: Thin at this size6.3 / 18.3 bpAt $10k entering Popdex costs 18.3 bp, fee and slippage, 2.9× edgeX’s.
- Note: Margin at max leverage$1,000 + $200edgeX 10x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long edgeX: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.246% vs +0.025%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$14K vs $106K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0003%/8h × 21 periods−$0.68
Price spread+0.246% → +0.025% (7d avg)+$22.10
Slippage, 4 orderslive order books−$34.99
Fee edgeX bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$28.98
Costs to cover0.504%Break-evennever at this rate
Slippage: edgeX: live order book, 9 min ago; Popdex: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX1.366.3 bp−$6doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex2.2718.3 bp−$18doesn’t fitdoesn’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 ↗ |
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