Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 91.025 | +0.0048 | pay 0.0006% / 1h | 27m 50s | $539K | $771K | 20x | Long Popdex | |
| SHORT | 91.010 | +0.0240 | get 0.0120% / 4h | 2h 27m | $3.9M | $491K | 50x | Short BloFin |
Price gap−0.016%117s
Funding gap+0.0192% /8h
Funding trade: +$6 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
The two prices were read 117 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 −0.016%117s now · prices read too far apart to compare
Costs−$230.232% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Entry / 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−0.016%
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 books4.5 / 7.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $200Popdex 20x, BloFin 50x. 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: +$5.76Long Popdex: 24 payments, −$1.44; short BloFin: 6 payments, +$7.20.
- Watch: Prices read 117 s apart−0.016% vs −0.020%Part of this gap may be the market moving.
- Watch: Long leg is thinner$539K vs $3.9M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · BloFin LimitedNo 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+0.0136%/8h × 21 periods+$28.50
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$4.84
Fee Popdex bp × 2 orders−$6.40
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k+$5.27
price spread not counted: prices read too far apartCosts to cover0.232%Break-even5.7 days
Slippage: Popdex: live order book, 6 min ago; BloFin: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.264.5 bp−$45.9 bp−$5915.9 bp−$1,589doesn’t fit
SELL · SHORTBloFin1.107.1 bp−$77.3 bp−$7312.9 bp−$1,290doesn’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