Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,070.7+0.0096pay 0.0012% / 1h27m 37s$428K$439K20xLong Popdex
SHORT1,070.4+0.0298get 0.0037% / 1h27m 37s$552K$98K15xShort Phoenix
Price gap−0.029%
Funding gap+0.0202% /8h

Funding pays +$6 a day on $10k, but the gap is 0.037% under its 7d average: −$4 if it goes back, about 15 hours of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$49+0.0202% /8h now · paid +0.487% over the last 7D
Price−$4spread −0.029% now, avg +0.008% → −0.037% if it goes back
Costs−$300.302% of $10k · taker + slippage, in and out

Price and funding

1h · loading 5m…
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.029%
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

/8h

MU on 40 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • OK: Fits both order books4.0 / 11.1 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $667
    Popdex 20x, Phoenix 15x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$6.06Long Popdex: 24 payments, −$2.88; short Phoenix: 24 payments, +$8.94.
  • Watch: Gap narrower than usual−0.029% vs +0.008%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$428K vs $552K OI
    Popdex sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • OK: No KYC on either legPopdex No · Phoenix No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0255%/8h × 21 periods+$53.60
Price spread−0.029% → +0.008% (7d avg)−$3.74
Slippage, 4 orderslive order books−$16.79
Fee Popdex bp × 2 orders−$6.40
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k+$19.67
Costs to cover0.302%Break-even4.4 days
Slippage: Popdex: live order book, 5 min ago; Phoenix: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex0.704.0 bp−$49.6 bp−$96doesn’t fitdoesn’t fit
SELL · SHORTPhoenix2.8011.1 bp−$1123.7 bp−$237doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →
09-30 15:30PhoenixOther$MU reports full fiscal year earnings today, after the market closes. Trade it 24/7 on Phoenix: @PhoenixTrade on X ↗
09-30 14:19PhemexOther$MU earnings after the close. Consensus is already sitting near the company’s own Q4 guide. So the move won’t come from “did they print $50B.” It comes from the next sentence: HBM allocation, memory pricing, and FY27 guidance. $MU last close ~$1,065. Resistance: $1,096–$1,106 Support: $1,044–$1,048 Guidance raise, hold, or tighten, that’s the volatility. @Phemex_official on X ↗
09-30 12:00MEXCOther$MU is up ~280% YTD heading into earnings. 👀 What moves the next leg: margins or capex? @MEXC on X ↗
09-30 08:02BingXOther$MU’s next move could come down to what management says next. See what matters heading into earnings 👇 @BingXOfficial on X ↗
09-30 06:30MEXCOther$MU is up nearly 280% this year. Now comes the harder test. 👀 Can guidance keep the memory trade alive? @MEXC_Research breaks down what matters before earnings. 👇 @MEXC on X ↗
09-30 03:58HTXToken10 trades. 3 alpha setups 👀 $ETH → ETF flows strong despite the chop $NVDA → Added $150B stock buyback plan $MU → Memory cycle heats up, earnings tonight which one has your eyes? Trade TradFi 24/7 on @HTXFutures @HTX_Global on X ↗