Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 29,038 | +0.0048 | pay 0.0006% / 1h | 50m 01s | $466K | $165K | 20x | Long Popdex | |
| SHORT | 29,089 | 0 | 0.0000% / 8h | 5h 50m | $3.2M | $149K | 50x | Short Bitget |
Price gap+0.176%
Funding gap−0.0048% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
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+$1spread +0.176% now, avg +0.161% → +0.015% if it goes back
Costs−$780.784% 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+0.176%
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 · 4 to watch- Watch: Thin at this size3.9 / 34.2 bpAt $10k entering Bitget costs 34.2 bp, fee and slippage, 8.8× Popdex’s.
- Note: Margin at max leverage$500 + $200Popdex 20x, Bitget 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short Bitget: 3 payments, $0.00.
- Note: Gap at its usual level+0.176% vs +0.161%The price leg adds little either way.
- Watch: Long leg is thinner$466K vs $3.2M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Bitget YesKYC 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+0.176% → +0.161% (7d avg)+$1.48
Slippage, 4 orderslive order books−$59.97
Fee Popdex bp × 2 orders−$6.40
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$26.58
Costs to cover0.784%Break-even10.7 days
Slippage: Popdex: live order book, 28 min ago; Bitget: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.343.9 bp−$44.5 bp−$4510.1 bp−$1,006doesn’t fit
SELL · SHORTBitget8.7734.2 bp−$3479.5 bp−$795doesn’t fitdoesn’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 ↗ |
| 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 ↗ |


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