Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 110.21 | −0.0280 | get 0.0035% / 1h | 57m 19s | $517K | $233K | 20x | Long Popdex | |
| SHORT | 110.19 | −0.0266 | pay 0.0133% / 4h | 57m 19s | $277K | $261K | 20x | Short edgeX |
Price gap−0.014%
Funding gap+0.0014% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.099% above its 7d average: +$10 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0014% /8h now · paid +0.031% over the last 7D
Price+$10spread −0.014% now, avg −0.113% → +0.099% if it goes back
Costs−$260.265% of $10k · taker + slippage, in and out
Result−$13−0.13%+ Points / potential airdropedgeX: 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−0.014%
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
/8hBZ on 36 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books5.6 / 7.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $500Popdex 20x, edgeX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.41Long Popdex: 24 payments, +$8.40; short edgeX: 6 payments, −$7.99.
- OK: Entry gap works for you−0.014% vs −0.113%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$277K vs $517K 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 legPopdex No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0015%/8h × 21 periods+$3.13
Price spread−0.014% → −0.113% (7d avg)+$9.94
Slippage, 4 orderslive order books−$11.10
Fee Popdex bp × 2 orders−$6.40
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$13.43
Costs to cover0.265%Break-even37.1 days
Slippage: Popdex: live order book, 46 min ago; edgeX: live order book, 45 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.365.6 bp−$67.9 bp−$79doesn’t fitdoesn’t fit
SELL · SHORTedgeX3.187.7 bp−$89.5 bp−$9571.1 bp−$7,108doesn’t fit
Closing costs about the same again.
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