Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.180 | +0.0048 | pay 0.0006% / 1h | 16m 16s | $103K | $403K | 20x | Long Popdex | |
| SHORT | 22.180 | 0 | 0.0000% / 4h | 3h 16m | $104K | $533K | 20x | Short KuCoin |
Price gap0.000%
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+$31−0.0048% /8h now · paid +0.305% over the last 7D
Price+$2spread 0.000% now, avg −0.018% → +0.018% if it goes back
Costs−$2032.027% 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
Now0.000%
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
0 ok · 4 to watch- Watch: Thin at this size29.1 / 42.7 bpAt $10k entering KuCoin costs 42.7 bp, fee and slippage, 1.5× Popdex’s.
- Note: Margin at max leverage$500 + $500Popdex 20x, KuCoin 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 KuCoin: 6 payments, $0.00.
- Note: Gap at its usual level0.000% vs −0.018%The price leg adds little either way.
- Watch: Long leg is thinner$103K vs $104K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0145%/8h × 21 periods+$30.52
Price spread0.000% → −0.018% (7d avg)+$1.83
Slippage, 4 orderslive order books−$184.31
Fee Popdex bp × 2 orders−$6.40
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$170.36
Costs to cover2.027%Break-even46.1 days
Slippage: Popdex: live order book, 13 min ago; KuCoin: live order book, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex6.7829.1 bp−$2993.8 bp−$938doesn’t fitdoesn’t fit
SELL · SHORTKuCoin6.7342.7 bp−$43doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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