Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 29,014 | +0.0048 | pay 0.0006% / 1h | 47m 52s | $466K | $165K | 20x | Long Popdex | |
| SHORT | 29,142.4 | +0.0046 | get 0.0006% / 1h | 47m 52s | $130.3M | $15.1M | 50x | Short Vest Markets+5% pts |
Price gap+0.442%
Funding gap−0.0002% /8h
Funding is ≈ 0 and the gap is 0.037% under its 7d average: the price leg works against you, −$4 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0002% /8h now · paid +0.003% over the last 7D
Price−$4spread +0.442% now, avg +0.479% → −0.037% if it goes back
Costsno datano order book for Vest Markets
Result, before costs−$3−0.03%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets · What the last 7D really paid, hour by hour → backtest
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+0.442%
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
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Vest Markets: its slippage is not counted.
- Note: Margin at max leverage$500 + $200Popdex 20x, Vest Markets 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.07Long Popdex: 24 payments, −$1.44; short Vest Markets: 24 payments, +$1.37.
- Watch: Gap narrower than usual+0.442% vs +0.479%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$466K vs $130.3M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legVest Markets pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · Vest Markets NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0002%/8h × 21 periods+$0.32
Price spread+0.442% → +0.479% (7d avg)−$3.70
Slippage, 4 ordersno data for Vest Markets—
Fee Popdex bp × 2 orders−$6.40
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k−$11.78
Costs to cover0.084%Break-even263.3 days
Slippage: Popdex: live order book, 30 min ago; Vest Markets: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.343.9 bp−$44.5 bp−$4510.1 bp−$1,006doesn’t fit
SELL · SHORTVest Markets—————
Closing costs about the same again.
Vest Markets: no data.
| 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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