Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 121.04 | +0.0048 | pay 0.0006% / 1h | 56m 09s | $380K | $157K | 20x | Long Popdex | |
| SHORT | 121.03 | +0.0177 | get 0.0177% / 8h | 5h 56m | $904K | $163K | 25x | Short BloFin |
Price gap−0.008%58s
Funding gap+0.0129% /8h
Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$27+0.0129% /8h now · paid +0.267% over the last 7D
Price—spread −0.008%58s 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−0.008%
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 books6.4 / 7.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $400Popdex 20x, BloFin 25x. 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: +$3.88Long Popdex: 24 payments, −$1.44; short BloFin: 3 payments, +$5.32.
- Watch: Prices read 58 s apart−0.008% vs +0.008%Part of this gap may be the market moving.
- Watch: Long leg is thinner$380K vs $904K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · BloFin LimitedNo 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+0.0133%/8h × 21 periods+$27.85
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$8.29
Fee Popdex bp × 2 orders−$6.40
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k+$1.16
price spread not counted: prices read too far apartCosts to cover0.267%Break-even6.7 days
Slippage: Popdex: live order book, 23 min ago; BloFin: live order book, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.836.4 bp−$620.4 bp−$204doesn’t fitdoesn’t fit
SELL · SHORTBloFin0.417.1 bp−$79.8 bp−$9820.1 bp−$2,015doesn’t fit
Closing costs about the same again.
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