Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 119.45 | +0.0416 | pay 0.0052% / 1h | 52m 47s | $391K | $633K | 20x | Long Popdex | |
| SHORT | 119.96 | +0.0033 | get 0.0004% / 1h | 52m 47s | $40K | $133K | 25x | Short Injective |
Price gap+0.427%
Funding gap−0.0383% /8h
The gap pays +$36 on $10k if it goes back to its 7d average, but funding costs $11 a day and eats that in about 3.2 days. At the last 7 days' pace that is about 34 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0383% /8h now · paid −0.063% over the last 6 days (all we have)
Price+$36spread +0.427% now, avg +0.063% → +0.363% if it goes back
Costs−$690.688% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 6 days it paid −0.063% in total, about −0.0036%/8h on average.
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
Injective price against Popdexnow
RANGE STATS · 7D
Now+0.427%
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
3 ok · 2 to watch- Watch: Large against open interest7.3 / 8.0 bp$10k is over 10% of Injective’s open interest.
- Note: Margin at max leverage$500 + $400Popdex 20x, Injective 25x. 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: −$11.48Long Popdex: 24 payments, −$12.48; short Injective: 24 payments, +$1.00.
- OK: Entry gap works for you+0.427% vs +0.063%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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 legPopdex No · Injective NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0036%/8h × 21 periods−$7.50
Price spread+0.427% → +0.063% (7d avg)+$36.35
Slippage, 4 orderslive order books−$62.34
Fee Popdex bp × 2 orders−$6.40
Fee Injective bp × 2 orders−$0.02
Net · 7 days · $10k−$39.91
Costs to cover0.688%Break-evennever at this rate
Slippage: Popdex: live order book, 31 min ago; Injective: live order book, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.847.3 bp−$712.4 bp−$124doesn’t fitdoesn’t fit
SELL · SHORTInjective7.988.0 bp−$8doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 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 ↗ |
| 09-17 09:45 | RISEx | Other | → $ARB: → $HOOD: @risextrade on X ↗ |


gTrade (Gains Network)
SoDEX
RISEx