Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,080.5 | +0.0048 | pay 0.0006% / 1h | 37m 51s | $111K | $111K | 20x | Long Popdex | |
| SHORT | 1,082.1 | 0 | 0.0000% / 4h | 37m 51s | $160K | $651K | 20x | Short Bitget |
Price gap+0.143%
Funding gap−0.0048% /8h
The gap pays +$14 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 9.6 days. At the last 7 days' pace that is about 49 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0048% /8h now · paid −0.019% over the last 7D
Price+$14spread +0.143% now, avg +0.004% → +0.139% if it goes back
Costs−$2102.101% 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+0.143%
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
/8hKR200 on 6 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size83.1 / 33.2 bpAt $10k entering Popdex costs 83.1 bp, fee and slippage, 2.5× Bitget’s.
- Note: Margin at max leverage$500 + $500Popdex 20x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments 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: 6 payments, $0.00.
- OK: Entry gap works for you+0.143% vs +0.004%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$111K vs $160K 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−0.0009%/8h × 21 periods−$1.98
Price spread+0.143% → +0.004% (7d avg)+$13.88
Slippage, 4 orderslive order books−$191.66
Fee Popdex bp × 2 orders−$6.40
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$198.16
Costs to cover2.101%Break-evennever at this rate
Slippage: Popdex: live order book, 56 min ago; Bitget: live order book, 31 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex24.7983.1 bp−$83doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget24.1733.2 bp−$3337.4 bp−$374doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-18 16:32 | Extended | Listing | Now available to trade: $KR200 (KOSPI 200) with up to 20x leverage @extendedapp on X ↗ |


Extended