Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.4892 | +0.0096 | pay 0.0012% / 1h | 1m 26s | $148K | $427K | 50x | Long Popdex | |
| SHORT | 1.4904 | +0.0100 | get 0.0100% / 8h | 6h 01m | $5.3M | $4.2M | 50x | Short Variational Omni+15% pts |
Price gap+0.084%
Funding gap+0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$10 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 +0.014% over the last 7D
Price+$10spread +0.084% now, avg −0.015% → +0.098% if it goes back
Costs−$170.173% of $10k · taker + slippage, in and out
Result−$6−0.06%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.084%
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
/8hXRP on 52 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books5.8 / 3.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $200Popdex 50x, Variational Omni 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 Variational Omni: 3 payments, +$3.00.
- OK: Entry gap works for you+0.084% vs −0.015%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$148K vs $5.3M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0007%/8h × 21 periods+$1.45
Price spread+0.084% → −0.015% (7d avg)+$9.85
Slippage, 4 orderslive order books−$10.90
Fee Popdex bp × 2 orders−$6.40
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$5.99
Costs to cover0.173%Break-even35.8 days
Slippage: Popdex: live order book, 18 min ago; Variational Omni: RFQ quote, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.345.8 bp−$614.6 bp−$146doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni2.053.7 bp−$45.4 bp−$5424.2 bp−$2,423doesn’t fit
Closing costs about the same again.
| 09-30 18:40 | Hotstuff | Listing | XRP-PERP no longer reported ($XRP) seen by our collector |
| 09-30 07:14 | BingX | Other | #BingXBuzz 🚨 📊 Spot $BTC ETFs record 9 straight days of inflows, @BlackRock IBIT tops Sep 29 flows at $51.1M 🦄 @Kalshi eyes a $1B raise at a $40B valuation, nearly double its $22B mark from May 🇧🇷 @Ripple and $4T Brazilian registrar CSD BR bring @BTGPactual fund records onto the XRP Ledger 💵 30-year Treasury yield tops 5.62%, highest since 2002, long-end selling keeps stocks capped @BingXOfficial on X ↗ |
| 09-25 14:03 | Bitget | Other | 𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧 𝗨𝗣𝗗𝗔𝗧𝗘𝗦: The withdrawal plan will be announced by September 26th, 4:00 AM UTC. We appreciate your patience on this matter. Based on the latest onchain tracing and classification of transactions, assets equivalent to approximately $387.5 million were transferred to attacker-controlled addresses across multiple networks. The revised figure reflects a more complete accounting of transfers that occurred during the incident, adding affected assets on Zcash and TRON that were not included in the initial estimate. It does not reflect further unauthorized transfers. The incident remains contained and no further unauthorized transfers are possible. The incident involved assets across Ethereum and several EVM networks, XRP Ledger, Zcash and TRON. The primary attacker-controlled receiving addresses identified to date are: → EVM: 0x770b10b273fc44fe9197d6bf20f145c2e98463ee → XRP: rwNhefsz1UQEusxhCvHip3RANinWi4CTck → ZEC: t1WgMdtND8NF7NDUuYmq8MpMj1NTCXkMDVG → TRON: TBWNguTTgezw9dVorX441C6nDrZpRxYwKD The confirmed affected assets include XRP, ETH, USDT, ZEC, USDC, USDT0, XAUt, BNB, AVAX and TRX. Our investigation and tracing efforts remain ongoing. The figures above reflect information confirmed at the time of publication and may be updated as additional transactions are classified and traced. The incident remains contained, with no further unauthorized transfers since the incident was contained, and the investigation with Mandiant and SlowMist remains ongoing Withdrawals remain temporarily paused while additional security checks and remediation are underway. Bitget will continue to provide verified updates on the investigation, asset recovery, withdrawal restoration and the User Protection Fund through its official channels. 𝘍𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺. @bitget on X ↗ |
| 09-24 18:22 | Bulk | Other | TAXI DRIVERS IN CONTROL Trade $XRP by @Ripple with up to 10x leverage now on @bulktrade on X ↗ |
| 09-23 09:30 | Phemex | Other | BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗ |
| 09-22 20:00 | Kalshi | Listing | JUST IN: Russia's Moscow Exchange launches perpetual futures for Bitcoin, Ethereum, Solana, XRP and Tron @Kalshi on X ↗ |
Hotstuff
BingX
Bitget
Bulk
Phemex
Kalshi