Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 197.05 | 0 | 0.0000% / 8h | 6h 40m | $2.0M | $1.1M | 10x | Long Phemex | |
| SHORT | 197.06 | +0.0048 | get 0.0006% / 1h | 40m 40s | $386K | $344K | 20x | Short Popdex |
Price gap+0.005%
Funding gap+0.0048% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$19+0.0048% /8h now · paid −0.189% over the last 7D
Price−$2spread +0.005% now, avg +0.020% → −0.015% if it goes back
Costs−$960.963% 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+0.005%
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
/8hSAMSUNG on 26 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size39.7 / 6.9 bpAt $10k entering Phemex costs 39.7 bp, fee and slippage, 5.8× Popdex’s.
- Note: Margin at max leverage$1,000 + $500Phemex 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.44Long Phemex: 3 payments, $0.00; short Popdex: 24 payments, +$1.44.
- Note: Gap at its usual level+0.005% vs +0.020%The price leg adds little either way.
- Watch: Short leg is thinner$386K vs $2.0M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · Popdex NoKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0094%/8h × 21 periods−$19.78
Price spread+0.005% → +0.020% (7d avg)−$1.53
Slippage, 4 orderslive order books−$77.87
Fee Phemex bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$117.59
Costs to cover0.963%Break-evennever at this rate
Slippage: Phemex: live order book, 3 min ago; Popdex: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex2.7939.7 bp−$40doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTPopdex2.316.9 bp−$721.8 bp−$218doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | SAMSUNG/USD no longer reported ($SAMSUNG) seen by our collector |
| 09-25 19:30 | Vest Markets | Other | Heading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market SAMSUNG/USD ($SAMSUNG) seen by our collector |


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