Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 113.09 | +0.0048 | pay 0.0006% / 1h | 27m 07s | $390K | $261K | 20x | Long Popdex | |
| SHORT | 112.95 | 0 | 0.0000% / 1h | 27m 07s | $67K | $1.7M | 10x | Short Deribit |
Price gap−0.124%
Funding gap−0.0048% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.080% under its 7d average. Swap the legs.
Funding on this pair paid 0.395% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$39−0.0048% /8h now · paid +0.395% over the last 7D
Price−$8spread −0.124% now, avg −0.044% → −0.080% if it goes back
Costs−$390.393% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Entry / ExitPopdex: thin, under $1M open interest · Deribit: 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−0.124%
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
/8hHOOD on 32 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Large against open interest11.6 / 9.9 bp$10k is over 10% of Deribit’s open interest.
- Note: Margin at max leverage$500 + $1,000Popdex 20x, Deribit 10x. 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: −$1.44Long Popdex: 24 payments, −$1.44; short Deribit: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.124% vs −0.044%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$67K vs $390K OIDeribit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Deribit YesID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0207%/8h × 21 periods+$43.45
Price spread−0.124% → −0.044% (7d avg)−$8.03
Slippage, 4 orderslive order books−$25.86
Fee Popdex bp × 2 orders−$6.40
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k−$3.84
Costs to cover0.393%Break-even7.6 days
Slippage: Popdex: live order book, 6 min ago; Deribit: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex6.1811.6 bp−$1223.4 bp−$234doesn’t fitdoesn’t fit
SELL · SHORTDeribit0.449.9 bp−$1012.2 bp−$122doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 13:31 | Vest Markets | Other | At the open, $HOOD is up around 5%, with Robinhood's HOOD Summit bringing AI trading agents and perpetual futures. More than 150,000 customers have opened agentic trading accounts since May, with the agents running nearly 30 million daily tool queries. Trade $HOOD volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
| 09-28 18:50 | Aevo | Other | bitcoin:native is back near $83k after trading above $86k last week. Whether you trade the continuation or pullback, all options and this week’s Perp Majors count toward the volume requirement for our year-end reward. This week’s Perp Majors include: BTC, ETH, SOL, ZEC, NEAR, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-21 16:05 | Aevo | Contest | bitcoin:native broke $85k, zcash:native crossed $1.5k, and near:native is up 70%+ in 7 days. Trading them adds volume to Aevo’s year-end leaderboard for the projected 808,800 USDC reward. Options count too, as do the other Perp Majors: ETH, SOL, HYPE, LIT, SPY, QQQ, HOOD, SNDK, MU, NVDA, TSLA, GOOGL. @aevoxyz on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market HOOD/USD ($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 ↗ |
| 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 ↗ |


gTrade (Gains Network)
SoDEX