Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 29,122.8 | −0.0041 | get 0.0041% / 8h | 3h 54m | $21K | $77K | 20x | Long Orderly | |
| SHORT | 29,195 | +0.0048 | get 0.0006% / 1h | 54m 22s | $469K | $174K | 20x | Short Popdex |
Price gap+0.248%
Funding gap+0.0089% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.248% above zero (no 7-day history yet): +$25 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0089% /8h now · paid +0.056% over the last 7D
Price—spread +0.248% now · no price history on both exchanges yet
Costsno datano order book for Orderly
Result, before costs—no pointsneeds both price histories
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+0.248%
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
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$500 + $500Orderly 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: +$2.67Long Orderly: 3 payments, +$1.23; short Popdex: 24 payments, +$1.44.
- Note: No 7-day spread history+0.248%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$21K vs $469K OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legOrderly No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0026%/8h × 21 periods+$5.55
Price spread+0.248% → 0+$24.79
Slippage, 4 ordersno data for Orderly—
Fee Orderly bp × 2 orders−$6.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k+$17.95
Costs to cover0.124%Break-evenfrom the start
Slippage: Orderly: no order-book sample; Popdex: live order book, 63 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOrderly—————
SELL · SHORTPopdex1.214.4 bp−$44.4 bp−$447.3 bp−$733doesn’t fit
Closing costs about the same again.
Orderly: no data.
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