Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,068.6 | +0.0417 | pay 0.0417% / 8h | 1h 14m | $33.7M | $120.5M | 50x | Long Bitget | |
| SHORT | 1,068.3 | +0.0064 | get 0.0008% / 1h | 14m 50s | $425K | $714K | 20x | Short Popdex |
Price gap−0.028%
Funding gap−0.0353% /8h
Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.022% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0353% /8h now · paid −0.007% over the last 7D
Price−$2spread −0.028% now, avg −0.006% → −0.022% if it goes back
Costs−$220.225% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.007% in total, about −0.0003%/8h on average.
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−0.028%
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
/8hMU on 40 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books7.1 / 3.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $500Bitget 50x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$10.59Long Bitget: 3 payments, −$12.51; short Popdex: 24 payments, +$1.92.
- Watch: Gap narrower than usual−0.028% vs −0.006%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$425K vs $33.7M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Popdex NoKYC 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−0.0003%/8h × 21 periods−$0.73
Price spread−0.028% → −0.006% (7d avg)−$2.17
Slippage, 4 orderslive order books−$4.09
Fee Bitget bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$25.40
Costs to cover0.225%Break-evennever at this rate
Slippage: Bitget: live order book, 11 min ago; Popdex: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget0.657.1 bp−$712.7 bp−$12716.9 bp−$1,68836.0 bp−$18.0K
SELL · SHORTPopdex0.383.7 bp−$45.7 bp−$57doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-30 19:45 | Vest Markets | Other | $MU reports fiscal Q4 results after today's close, with consensus at $50.78B in revenue and $31.28 adjusted EPS. → Revenue: $41.46B in fiscal Q3, against $23.86B in fiscal Q2 and $13.64B in fiscal Q1 → Guidance: $50.0B ±$1.0B for fiscal Q4, with an 86% gross margin and $31.00 adjusted EPS The shares enter the print with $MU up around 275% this year and about 12% below its 52-week high, and the quarter runs 14 weeks, per the 10-Q. Cloud Memory and Core Data Center revenue reached $13.77B and $11.52B in fiscal Q3, with the fiscal 2027 outlook, HBM4 economics, DRAM pricing and record capital spending the watch items. @VestExchange on X ↗ |
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| 09-30 15:30 | Phoenix | Other | $MU reports full fiscal year earnings today, after the market closes. Trade it 24/7 on Phoenix: @PhoenixTrade on X ↗ |


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