Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2275 | +0.0096 | pay 0.0012% / 1h | 46m 38s | $108K | $233K | 50x | Long Popdex | |
| SHORT | 0.2278 | +0.0100 | get 0.0100% / 8h | 5h 46m | $195K | $295K | 20x | Short HTX |
Price gap+0.127%
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$26 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 −0.211% over the last 6 days (all we have)
Price+$26spread +0.127% now, avg −0.136% → +0.264% if it goes back
Costs−$1241.242% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.127%
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 size26.2 / 36.4 bpAt $10k entering HTX costs 36.4 bp, fee and slippage, 1.4× Popdex’s.
- Note: Margin at max leverage$200 + $500Popdex 50x, HTX 20x. 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 HTX: 3 payments, +$3.00.
- OK: Entry gap works for you+0.127% vs −0.136%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$108K vs $195K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · HTX LimitedNo 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−$24.46
Price spread+0.127% → −0.136% (7d avg)+$26.38
Slippage, 4 orderslive order books−$105.82
Fee Popdex bp × 2 orders−$6.40
Fee HTX bp × 2 orders−$12.00
Net · 7 days · $10k−$122.30
Costs to cover1.242%Break-evennever at this rate
Slippage: Popdex: live order book, 34 min ago; HTX: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.1926.2 bp−$26205.0 bp−$2,050doesn’t fitdoesn’t fit
SELL · SHORTHTX21.0936.4 bp−$36doesn’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