Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 118.63 | +0.0033 | pay 0.0004% / 1h | 2m 21s | $40K | $133K | 25x | Long Injective | |
| SHORT | 119.01 | +0.0048 | get 0.0006% / 1h | 2m 21s | $391K | $643K | 20x | Short Popdex |
Price gap+0.320%46s
Funding gap+0.0015% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.387% above its 7d average: +$39 more if it goes back.
The two prices were read 46 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+$6+0.0015% /8h now · paid +0.059% over the last 6 days (all we have)
Price—spread +0.320%46s now · prices read too far apart to compare
Costs−$550.552% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Popdex price against Injectivenow
RANGE STATS · 7D
Now+0.320%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hHOOD on 31 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size27.2 / 8.4 bpAt $10k entering Injective costs 27.2 bp, fee and slippage, 3.3× Popdex’s.
- Note: Margin at max leverage$400 + $500Injective 25x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$0.44Long Injective: 24 payments, −$1.00; short Popdex: 24 payments, +$1.44.
- Watch: Prices read 46 s apart+0.320% vs −0.066%Part of this gap may be the market moving.
- Watch: Long leg is thinner$40K vs $391K OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legInjective No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0033%/8h × 21 periods+$6.94
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$48.73
Fee Injective bp × 2 orders−$0.02
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$48.21
price spread not counted: prices read too far apartCosts to cover0.552%Break-even55.6 days
Slippage: Injective: live order book, 26 min ago; Popdex: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGInjective13.0227.2 bp−$27156.6 bp−$1,56691563.3 bp−$9.16M497812.7 bp−$248.91M
SELL · SHORTPopdex0.848.4 bp−$813.3 bp−$133doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-21 13:35 | gTrade (Gains Network) | Listing | new market HOOD/USD ($HOOD) seen by our collector |
| 09-19 00:09 | SoDEX | Other | Robinhood (HOOD) shares are up 9.12% today. The company has grown beyond its commission-free trading roots, expanding across options, crypto, retirement products, and subscription services while building a broader retail investing ecosystem. Explore our latest research on Robinhood, its growth strategy, and what could drive the company next: @sodex_official on X ↗ |
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| 09-17 09:45 | RISEx | Other | → $ARB: → $HOOD: @risextrade on X ↗ |


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