Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 139.74 | +0.0093 | pay 0.0012% / 1h | 56m 02s | $27.3M | $9.3M | 10x | Long tradeXYZ | |
| SHORT | 139.81 | +0.0048 | get 0.0006% / 1h | 56m 02s | $357K | $143K | 20x | Short Popdex |
Price gap+0.050%
Funding gap−0.0045% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.028% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5−0.0045% /8h now · paid −0.053% over the last 7D
Price−$3spread +0.050% now, avg +0.078% → −0.028% if it goes back
Costs−$200.195% of $10k · taker + slippage, in and out
Result−$28−0.28%+ Points / potential airdroptradeXYZ: points · farm boardWhat 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+0.050%
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
4 ok · 2 to watch- OK: Fits both order books4.0 / 6.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500tradeXYZ 10x, Popdex 20x. 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: −$1.36Long tradeXYZ: 24 payments, −$2.80; short Popdex: 24 payments, +$1.44.
- Watch: Gap narrower than usual+0.050% vs +0.078%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$357K vs $27.3M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- OK: No KYC on either legtradeXYZ No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0025%/8h × 21 periods−$5.32
Price spread+0.050% → +0.078% (7d avg)−$2.75
Slippage, 4 orderslive order books−$11.31
Fee tradeXYZ bp × 2 orders−$1.80
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$27.58
Costs to cover0.195%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 11 min ago; Popdex: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ0.724.0 bp−$49.9 bp−$9938.6 bp−$3,860doesn’t fit
SELL · SHORTPopdex1.076.6 bp−$739.7 bp−$397doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 19:30 | Vest Markets | Other | Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 09-29 19:30 | Vest Markets | Other | Heading into the close, $ORCL is up around 4.2% with the launch of Fusion Claw, which adds 25 agentic applications. The company also introduced a native NetApp storage service on its cloud, with a full rollout planned within 12 months. The move puts the shares on pace to snap a four-day losing streak that had taken them about 11% lower. @VestExchange on X ↗ |
| 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 ↗ |
| 09-27 09:40 | Kalshi | Other | JUST IN: Oracle reportedly gave Larry Ellison and co-CEOs nearly $1 billion in stock options that "had no value" by fiscal year-end @Kalshi on X ↗ |
| 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 ↗ |


Kalshi