Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 709.53 | +0.0048 | pay 0.0006% / 1h | 47m 02s | $410K | $150K | 20x | Long Popdex | |
| SHORT | 708.16 | −0.0218 | pay 0.0027% / 1h | 47m 02s | $57K | $21K | 25x | Short Reya |
Price gap−0.194%
Funding gap−0.0266% /8h
Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.194% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$54−0.0266% /8h now · paid −0.537% over the last 7D
Price—spread −0.194% now · no price history on both exchanges yet
Costsno datano order book for Reya
Result, before costs—+ Points / potential airdropReya: points · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.194%
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
/8hQQQ on 35 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Reya: its slippage is not counted.
- Note: Margin at max leverage$500 + $400Popdex 20x, Reya 25x. 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: −$7.98Long Popdex: 24 payments, −$1.44; short Reya: 24 payments, −$6.54.
- Note: No 7-day spread history−0.194%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$57K vs $410K OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · Reya NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0256%/8h × 21 periods−$53.73
Price spread−0.194% → 0−$19.37
Slippage, 4 ordersno data for Reya—
Fee Popdex bp × 2 orders−$6.40
Fee Reya bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$85.50
Costs to cover0.124%Break-evennever at this rate
Slippage: Popdex: live order book, 66 min ago; Reya: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.564.4 bp−$412.5 bp−$125doesn’t fitdoesn’t fit
SELL · SHORTReya—————
Closing costs about the same again.
Reya: no data.
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