Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 891.63 | +0.0208 | pay 0.0026% / 1h | 25m 59s | $331K | $157K | 20x | Long Popdex | |
| SHORT | 892.30 | +0.0120 | get 0.0120% / 8h | 25m 59s | $6.4M | $1.5M | 20x | Short BloFin |
Price gap+0.075%58s
Funding gap−0.0088% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 2.8 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$38−0.0088% /8h now · paid +0.383% over the last 7D
Price—spread +0.075%58s now · prices read too far apart to compare
Costs−$200.202% 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+0.075%
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 46 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books3.4 / 6.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $500Popdex 20x, BloFin 20x. 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: −$2.64Long Popdex: 24 payments, −$6.24; short BloFin: 3 payments, +$3.60.
- Watch: Prices read 58 s apart+0.075% vs +0.002%Part of this gap may be the market moving.
- Watch: Long leg is thinner$331K vs $6.4M 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+0.0183%/8h × 21 periods+$38.33
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$1.75
Fee Popdex bp × 2 orders−$6.40
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k+$18.17
price spread not counted: prices read too far apartCosts to cover0.202%Break-even3.7 days
Slippage: Popdex: live order book, 42 min ago; BloFin: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.173.4 bp−$34.9 bp−$49doesn’t fitdoesn’t fit
SELL · SHORTBloFin0.066.8 bp−$78.5 bp−$85doesn’t fitdoesn’t fit
Closing costs about the same again.
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