Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,062.8 | +0.0048 | pay 0.0006% / 1h | 45m 30s | $421K | $712K | 20x | Long Popdex | |
| SHORT | 1,063.8 | +0.0353 | get 0.0353% / 8h | 1h 45m | $23.5M | $57.3M | 100x | Short Bybit |
Price gap+0.088%
Funding gap+0.0305% /8h
Both sides work: funding pays +$9 a day on $10k, and the gap is 0.086% above its 7d average: +$9 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15+0.0305% /8h now · paid −0.151% over the last 7D
Price+$9spread +0.088% now, avg +0.002% → +0.086% if it goes back
Costs−$330.325% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.151% in total, about −0.0077%/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+0.088%
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
2 ok · 3 to watch- OK: Fits both order books9.4 / 8.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $100Popdex 20x, Bybit 100x. 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: +$9.14Long Popdex: 24 payments, −$1.44; short Bybit: 3 payments, +$10.58.
- OK: Entry gap works for you+0.088% vs +0.002%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$421K vs $23.5M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0077%/8h × 21 periods−$16.10
Price spread+0.088% → +0.002% (7d avg)+$8.61
Slippage, 4 orderslive order books−$15.11
Fee Popdex bp × 2 orders−$6.40
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$40.00
Costs to cover0.325%Break-evennever at this rate
Slippage: Popdex: live order book, 55 min ago; Bybit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex2.579.4 bp−$949.7 bp−$497doesn’t fitdoesn’t fit
SELL · SHORTBybit0.478.0 bp−$811.8 bp−$11826.9 bp−$2,688doesn’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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