Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 137.36 | −0.0391 | get 0.0196% / 4h | 2h 27m | $35K | $200K | 10x | Long edgeX | |
| SHORT | 137.62 | +0.0048 | get 0.0006% / 1h | 27m 28s | $352K | $143K | 20x | Short Popdex |
Price gap+0.190%
Funding gap+0.0439% /8h
Both sides work: funding pays +$13 a day on $10k, and the gap is 0.174% above its 7d average: +$17 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$119+0.0439% /8h now · paid +1.187% over the last 7D
Price+$17spread +0.190% now, avg +0.017% → +0.174% if it goes back
Costs−$350.350% of $10k · taker + slippage, in and out
Result+$101+1.01%+ Points / potential airdropedgeX: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Entry / ExitedgeX: thin, under $1M open interest · Popdex: thin, under $1M open interest
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+0.190%
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
/8hORCL on 30 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Large against open interest10.6 / 6.7 bp$10k is over 10% of edgeX’s open interest.
- Note: Margin at max leverage$1,000 + $500edgeX 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$13.18Long edgeX: 6 payments, +$11.74; short Popdex: 24 payments, +$1.44.
- OK: Entry gap works for you+0.190% vs +0.017%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$35K vs $352K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0623%/8h × 21 periods+$130.76
Price spread+0.190% → +0.017% (7d avg)+$17.35
Slippage, 4 orderslive order books−$19.63
Fee edgeX bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$113.09
Costs to cover0.350%Break-even0.9 days
Slippage: edgeX: live order book, 4 min ago; Popdex: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX5.4610.6 bp−$1118.9 bp−$189doesn’t fitdoesn’t fit
SELL · SHORTPopdex1.826.7 bp−$745.0 bp−$450doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-28 17:30 | Vest Markets | Other | Oracle's AI financing model is drawing fresh skepticism, with $ORCL down around 2.7% on the session. S&P lowered the credit rating to BBB-, the shares drew a Sell rating this morning, and five-year default swaps reached a record 227 basis points last week. The $18B of debt tied to Project Jupiter is quoted near 89 cents on the dollar, with about half of Oracle's $664B backlog tied to OpenAI. @VestExchange on X ↗ |
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| 09-25 03:59 | Kalshi | Other | JUST IN: Oracle's "investment grade" bond closed at 8.10%, in line with B3/B- junk @Kalshi on X ↗ |
| 09-24 13:30 | Vest Markets | Other | $ORCL is down around 5.4% into the open, with a reported force majeure notice to its New Mexico data center developer. The notice goes to developer Blue Owl on Project Jupiter, seeking to defer payments if the 1,400-acre campus behind Oracle's OpenAI capacity deal slips past 2028. Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
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