Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 121.90 | +0.0208 | pay 0.0208% / 8h | 5h 16m | $917K | $167K | 25x | Long BloFin | |
| SHORT | 121.85 | +0.0120 | get 0.0015% / 1h | 16m 50s | $378K | $162K | 20x | Short Popdex |
Price gap−0.041%57s
Funding gap−0.0088% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.033% 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−$27−0.0088% /8h now · paid −0.266% over the last 7D
Price—spread −0.041%57s now · prices read too far apart to compare
Costs−$270.267% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.041%
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
1 ok · 4 to watch- OK: Fits both order books8.6 / 4.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$400 + $500BloFin 25x, 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: −$2.65Long BloFin: 3 payments, −$6.25; short Popdex: 24 payments, +$3.60.
- Watch: Prices read 57 s apart−0.041% vs −0.008%Part of this gap may be the market moving.
- Watch: Short leg is thinner$378K vs $917K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Popdex NoNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0132%/8h × 21 periods−$27.67
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$8.29
Fee BloFin bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$54.37
price spread not counted: prices read too far apartCosts to cover0.267%Break-evennever at this rate
Slippage: BloFin: live order book, 62 min ago; Popdex: live order book, 63 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin0.418.6 bp−$911.7 bp−$11724.3 bp−$2,432doesn’t fit
SELL · SHORTPopdex0.834.6 bp−$59.6 bp−$96doesn’t fitdoesn’t fit
Closing costs about the same again.
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