Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,066.8 | +0.0048 | pay 0.0006% / 1h | 31m 22s | $423K | $718K | 20x | Long Popdex | |
| SHORT | 1,066.8 | −0.0368 | pay 0.0184% / 4h | 31m 22s | $1.6M | $3.3M | 10x | Short edgeX |
Price gap−0.002%
Funding gap−0.0416% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $12 a day and eats that in about 6 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$41−0.0416% /8h now · paid +0.410% over the last 7D
Price+$3spread −0.002% now, avg −0.034% → +0.033% if it goes back
Costs−$170.174% of $10k · taker + slippage, in and out
Result+$27+0.27%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.002%
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
4 ok · 2 to watch- OK: Fits both order books3.9 / 4.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $1,000Popdex 20x, edgeX 10x. 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: −$12.47Long Popdex: 24 payments, −$1.44; short edgeX: 6 payments, −$11.03.
- OK: Entry gap works for you−0.002% vs −0.034%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$423K vs $1.6M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0207%/8h × 21 periods+$43.42
Price spread−0.002% → −0.034% (7d avg)+$3.25
Slippage, 4 orderslive order books−$2.01
Fee Popdex bp × 2 orders−$6.40
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k+$29.27
Costs to cover0.174%Break-even2.3 days
Slippage: Popdex: live order book, 64 min ago; edgeX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.383.9 bp−$411.1 bp−$111doesn’t fitdoesn’t fit
SELL · SHORTedgeX0.334.9 bp−$56.9 bp−$6928.8 bp−$2,882doesn’t fit
Closing costs about the same again.
| 09-30 20:09 | Backpack | Other | JUST IN: Micron beats Q4 earnings expectations ▸ Adjusted EPS: $33.42 vs $31.72 expected ▸ Revenue: $54.23B vs $51.3B expected $MU is available for stock trading, 24/7 perpetuals and as collateral 🎒 @Backpack on X ↗ |
| 09-30 19:45 | Vest Markets | Other | Trade $MU pre-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗ |
| 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 ↗ |
| 09-30 19:11 | Polymarket Perps | Other | MEMORY SUPERCYCLE Micron $MU reports earnings after the bell today. Trade the reaction on Polymarket Perps with no market hours. Go long or short with up to 10x leverage. @Poly_Perps on X ↗ |
| 09-30 17:30 | MEXC | Other | $MU has been ripping into earnings. Now the market gets the next read on margins, capex, and AI demand. 👀 Same event. Different instincts. Which read sounds like you? 👇 #MEXCTradFi #MEXC0FEE @MEXC on X ↗ |
| 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 ↗ |


Backpack
Polymarket Perps
MEXC
Phoenix