Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 120.94 | +0.0228 | pay 0.0228% / 8h | 6h 01m | $21.2M | $35.9M | 50x | Long Bitget | |
| SHORT | 120.96 | +0.0048 | get 0.0006% / 1h | 1m 08s | $380K | $157K | 20x | Short Popdex |
Price gap+0.017%
Funding gap−0.0180% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 36 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$30−0.0180% /8h now · paid −0.299% over the last 7D
Price+$8spread +0.017% now, avg −0.065% → +0.082% if it goes back
Costs−$280.279% of $10k · taker + slippage, in and out
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+0.017%
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
/8hINTC on 37 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books8.1 / 4.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $500Bitget 50x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$5.40Long Bitget: 3 payments, −$6.84; short Popdex: 24 payments, +$1.44.
- OK: Entry gap works for you+0.017% vs −0.065%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$380K vs $21.2M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Popdex NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0149%/8h × 21 periods−$31.26
Price spread+0.017% → −0.065% (7d avg)+$8.19
Slippage, 4 orderslive order books−$9.49
Fee Bitget bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$50.95
Costs to cover0.279%Break-evennever at this rate
Slippage: Bitget: live order book, 9 min ago; Popdex: live order book, 18 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget1.248.1 bp−$813.3 bp−$13335.2 bp−$3,52370.3 bp−$35.1K
SELL · SHORTPopdex0.834.6 bp−$59.6 bp−$96doesn’t fitdoesn’t fit
Closing costs about the same again.
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