Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.196 | 0 | 0.0000% / 4h | 11m 47s | $7.5M | $31.1M | 25x | Long Binance | |
| SHORT | 22.210 | +0.0048 | get 0.0006% / 1h | 11m 47s | $103K | $402K | 20x | Short Popdex |
Price gap+0.061%
Funding gap+0.0048% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.061% above its 7d average: +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$42+0.0048% /8h now · paid −0.418% over the last 7D
Price+$6spread +0.061% now, avg 0.000% → +0.061% if it goes back
Costs−$1011.008% 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+0.061%
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
/8hMINIMAX on 21 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size14.5 / 38.6 bpAt $10k entering Popdex costs 38.6 bp, fee and slippage, 2.7× Binance’s.
- Note: Margin at max leverage$400 + $500Binance 25x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.44Long Binance: 6 payments, $0.00; short Popdex: 24 payments, +$1.44.
- OK: Entry gap works for you+0.061% vs 0.000%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$103K vs $7.5M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Popdex NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0199%/8h × 21 periods−$41.85
Price spread+0.061% → 0.000% (7d avg)+$6.14
Slippage, 4 orderslive order books−$86.39
Fee Binance bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$136.50
Costs to cover1.008%Break-evennever at this rate
Slippage: Binance: live order book, 2 min ago; Popdex: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance4.4814.5 bp−$1435.6 bp−$356122.1 bp−$12.2Kdoesn’t fit
SELL · SHORTPopdex9.0238.6 bp−$39doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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