Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2275 | +0.0100 | pay 0.0100% / 8h | 6h 27m | $195K | $297K | 20x | Long HTX | |
| SHORT | 0.2281 | +0.0096 | get 0.0012% / 1h | 27m 34s | $113K | $229K | 50x | Short Popdex |
Price gap+0.277%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$14 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+$21−0.0004% /8h now · paid +0.210% over the last 6 days (all we have)
Price+$14spread +0.277% now, avg +0.137% → +0.140% if it goes back
Costs−$1201.197% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.277%
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
/8hXLM on 32 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size30.0 / 24.9 bpAt $10k entering HTX costs 30.0 bp, fee and slippage, 1.2× Popdex’s.
- Note: Margin at max leverage$500 + $200HTX 20x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long HTX: 3 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you+0.277% vs +0.137%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$113K vs $195K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · Popdex NoNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0116%/8h × 21 periods+$24.43
Price spread+0.277% → +0.137% (7d avg)+$14.03
Slippage, 4 orderslive order books−$101.32
Fee HTX bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$81.26
Costs to cover1.197%Break-even30.3 days
Slippage: HTX: live order book, 4 min ago; Popdex: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHTX10.5630.0 bp−$30doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex2.2024.9 bp−$25doesn’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 ↗ |
ApeX Omni