Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 90.740 | +0.0240 | pay 0.0120% / 4h | 1h 58m | $3.8M | $462K | 50x | Long BloFin | |
| SHORT | 90.715 | +0.0048 | get 0.0006% / 1h | 58m 26s | $539K | $774K | 20x | Short Popdex |
Price gap−0.028%57s
Funding gap−0.0192% /8h
Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.048% under its 7d average. Swap the legs.
The two prices were read 57 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$26−0.0192% /8h now · paid −0.259% over the last 7D
Price—spread −0.028%57s now · prices read too far apart to compare
Costs−$240.242% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · historyEntry / ExitPopdex: thin, under $1M open interest
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−0.028%
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
/8hCL on 38 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books6.6 / 4.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $500BloFin 50x, Popdex 20x. 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: −$5.76Long BloFin: 6 payments, −$7.20; short Popdex: 24 payments, +$1.44.
- Watch: Prices read 57 s apart−0.028% vs +0.020%Part of this gap may be the market moving.
- Watch: Short leg is thinner$539K vs $3.8M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Popdex NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0135%/8h × 21 periods−$28.41
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$5.79
Fee BloFin bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$52.61
price spread not counted: prices read too far apartCosts to cover0.242%Break-evennever at this rate
Slippage: BloFin: live order book, 5 min ago; Popdex: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin0.556.6 bp−$78.9 bp−$8917.5 bp−$1,75042.9 bp−$21.4K
SELL · SHORTPopdex1.264.5 bp−$44.6 bp−$4610.2 bp−$1,024doesn’t fit
Closing costs about the same again.
| 09-25 16:46 | Kalshi | Other | BREAKING: WTI oil down nearly 3% in the last 1 hour as Al Jazeera reports US-Iran talks have entered "technical stage" @Kalshi on X ↗ |
| 09-25 13:31 | Vest Markets | Other | At the open, $CL is down around 2%, with Iran proposing on Thursday to reopen the Strait of Hormuz within seven days. Negotiators are exploring a phased arrangement in which Tehran reopens the strait and Washington lifts its economic blockade of Iran, per Reuters. Trade $CL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
Kalshi
Vest Markets