Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 29,012 | +0.0263 | pay 0.0263% / 8h | 25m 26s | $537K | $23K | 20x | Long OKX | |
| SHORT | 29,041 | +0.0048 | get 0.0006% / 1h | 25m 26s | $452K | $107K | 20x | Short Popdex |
Price gap+0.100%
Funding gap−0.0215% /8h
The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 21 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$36−0.0215% /8h now · paid −0.361% over the last 7D
Price+$6spread +0.100% now, avg +0.043% → +0.057% if it goes back
Costs−$230.228% 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+0.100%
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
2 ok · 3 to watch- OK: Fits both order books9.3 / 4.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $500OKX 20x, 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: −$6.46Long OKX: 3 payments, −$7.90; short Popdex: 24 payments, +$1.44.
- OK: Entry gap works for you+0.100% vs +0.043%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$452K vs $537K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Popdex NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0172%/8h × 21 periods−$36.11
Price spread+0.100% → +0.043% (7d avg)+$5.66
Slippage, 4 orderslive order books−$6.35
Fee OKX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$53.21
Costs to cover0.228%Break-evennever at this rate
Slippage: OKX: live order book, 40 min ago; Popdex: live order book, 43 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX0.179.3 bp−$987.6 bp−$876doesn’t fitdoesn’t fit
SELL · SHORTPopdex0.864.1 bp−$44.1 bp−$416.6 bp−$657doesn’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 ↗ |
| 10-10 15:02 | Ondo Perps | Other | The most in-demand markets trade 24/7 as perpetuals, weekends included: ▸ Intel ▸ XRP ▸ Gold ▸ AMD ▸ Meta ▸ Tesla ▸ Ondo ▸ Silver ▸ Circle ▸ Apple ▸ Zcash ▸ Netflix ▸ CXMT ▸ TSMC ▸ PURR ▸ DRAM ▸ Oracle ▸ Micron ▸ Bitcoin ▸ US100 ▸ US500 ▸ Nebius ▸ Solana ▸ Ethena ▸ Marvell ▸ Unitree ▸ Copper ▸ NVIDIA ▸ BitMine ▸ Alibaba ▸ Palantir ▸ Corning ▸ SpaceX ▸ Sandisk ▸ Amazon ▸ Zhipu AI ▸ MiniMax ▸ Strategy ▸ SK hynix ▸ Moderna ▸ Alphabet ▸ Microsoft ▸ Semis 3x ▸ Cerebras ▸ USD/JPY ▸ Samsung ▸ Coinbase ▸ Take-Two ▸ Ethereum ▸ Broadcom ▸ Lumentum ▸ BlackBerry ▸ Robinhood ▸ Hyperliquid ▸ CoreWeave ▸ Natural Gas ▸ Arm Holdings ▸ S&P 500 ETF ▸ WTI Crude Oil ▸ Brent Crude Oil ▸ South Korea 3x ▸ Nasdaq 100 ETF ▸ South Korea ETF ▸ Uranium Miners ETF Alongside always-on spot markets: ▸ Tesla ▸ Circle ▸ DRAM ▸ Micron ▸ NVIDIA ▸ SpaceX ▸ Sandisk ▸ Alphabet ▸ Gold ETF ▸ OPAIPon ▸ Silver ETF ▸ S&P 500 ETF ▸ Nasdaq 100 ETF All on a single platform. @OndoPerps on X ↗ |
| 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 ↗ |
| 10-04 18:00 | Variational Omni | Other | Variational is the cheapest place to trade US500, US100, Gold, and many other traditional markets on-chain. Liquidity is aggregated from existing sources, instead of independently rebuilt on-chain. Swaps currently follow TradFi hours. As they move toward 24/7, so do swaps. @variational_io on X ↗ |
| 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 ↗ |
| 10-03 10:26 | 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 ↗ |


Variational Omni
Aftermath Perps
Paradex