Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 29,055 | 0 | 0.0000% / 8h | 4h 42m | $3.2M | $148K | 50x | Long Bitget | |
| SHORT | 28,964 | +0.0048 | get 0.0006% / 1h | 42m 38s | $465K | $165K | 20x | Short Popdex |
Price gap−0.313%
Funding gap+0.0048% /8h
Funding pays +$1 a day on $10k, but the gap is 0.150% under its 7d average: −$15 if it goes back, about 10 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$50+0.0048% /8h now · paid −0.503% over the last 7D
Price−$15spread −0.313% now, avg −0.163% → −0.150% if it goes back
Costs−$710.714% of $10k · taker + slippage, in and out
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−0.313%
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
/8hNAS100 on 22 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size23.1 / 3.9 bpAt $10k entering Bitget costs 23.1 bp, fee and slippage, 5.9× Popdex’s.
- 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: +$1.44Long Bitget: 3 payments, $0.00; short Popdex: 24 payments, +$1.44.
- Watch: Gap narrower than usual−0.313% vs −0.163%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$465K vs $3.2M 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−0.0240%/8h × 21 periods−$50.30
Price spread−0.313% → −0.163% (7d avg)−$14.98
Slippage, 4 orderslive order books−$52.99
Fee Bitget bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$136.67
Costs to cover0.714%Break-evennever at this rate
Slippage: Bitget: live order book, 9 min ago; Popdex: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget1.5523.1 bp−$2358.7 bp−$587doesn’t fitdoesn’t fit
SELL · SHORTPopdex0.693.9 bp−$43.9 bp−$396.4 bp−$639doesn’t fit
Closing costs about the same again.
| 10-14 15:01 | Variational Omni | Other | Yesterday, a trader on Variational executed a $2M US100 short with under 1 bip in execution costs. TradFi liquidity, now on-chain with swaps. @variational_io on X ↗ |
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| 10-04 20:17 | Aftermath Perps | Listing | You can now long or short US100 (100 largest non-financial companies listed on Nasdaq) with up to 10x leverage. @AftermathFi on X ↗ |
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| 10-03 10:27 | Paradex | Product | Crude oil $CL options are live on Paradex 🔥 24/7 Options on Everything Our 4th RWA options launch this week: Mon: US500 Wed: US100 Fri: GOLD Sat: CRUDE OIL Trade Oil options with zero fees on Paradex: @paradex on X ↗ |
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