Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 186.56 | +0.0048 | pay 0.0006% / 1h | 45m 13s | $390K | $267K | 20x | Long Popdex | |
| SHORT | 186.42 | 0 | 0.0000% / 8h | 1h 45m | $960K | $1.2M | 20x | Short Variational Omni+15% pts |
Price gap−0.076%
Funding gap−0.0048% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.044% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0048% /8h now · paid −0.019% over the last 7D
Price−$4spread −0.076% now, avg −0.033% → −0.044% if it goes back
Costs−$410.410% of $10k · taker + slippage, in and out
Result−$47−0.47%+ 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−0.076%
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
/8hCOIN on 28 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books4.7 / 9.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $500Popdex 20x, Variational Omni 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: −$1.44Long Popdex: 24 payments, −$1.44; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.076% vs −0.033%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$390K vs $960K 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−0.0010%/8h × 21 periods−$2.04
Price spread−0.076% → −0.033% (7d avg)−$4.36
Slippage, 4 orderslive order books−$34.60
Fee Popdex bp × 2 orders−$6.40
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$47.39
Costs to cover0.410%Break-evennever at this rate
Slippage: Popdex: live order book, 54 min ago; Variational Omni: RFQ quote, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.544.7 bp−$510.0 bp−$100doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni3.469.7 bp−$1016.0 bp−$160doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-25 00:50 | Injective | Token | The Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market COIN/USD ($COIN) seen by our collector |
| 09-18 17:30 | Vest Markets | Other | $COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗ |


Injective
gTrade (Gains Network)