Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 120.06 | +0.0048 | pay 0.0006% / 1h | 17m 18s | $377K | $159K | 20x | Long Popdex | |
| SHORT | 120.12 | 0 | 0.0000% / 8h | 7h 17m | $21.1M | $35.5M | 50x | Short Bitget |
Price gap+0.050%
Funding gap−0.0048% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$30−0.0048% /8h now · paid +0.300% over the last 7D
Price−$2spread +0.050% now, avg +0.066% → −0.016% if it goes back
Costs−$260.263% 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+0.050%
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 · 3 to watch- OK: Fits both order books4.8 / 7.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $200Popdex 20x, Bitget 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short Bitget: 3 payments, $0.00.
- Note: Gap at its usual level+0.050% vs +0.066%The price leg adds little either way.
- Watch: Long leg is thinner$377K vs $21.1M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Bitget YesKYC 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+0.0150%/8h × 21 periods+$31.57
Price spread+0.050% → +0.066% (7d avg)−$1.58
Slippage, 4 orderslive order books−$7.92
Fee Popdex bp × 2 orders−$6.40
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k+$3.67
Costs to cover0.263%Break-even6.2 days
Slippage: Popdex: live order book, 7 min ago; Bitget: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.834.8 bp−$59.3 bp−$93doesn’t fitdoesn’t fit
SELL · SHORTBitget0.427.7 bp−$810.4 bp−$10428.0 bp−$2,79659.8 bp−$29.9K
Closing costs about the same again.
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