Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 196.81 | +0.0048 | pay 0.0006% / 1h | 15m 20s | $392K | $280K | 20x | Long Popdex | |
| SHORT | 197.11 | 0 | 0.0000% / 4h | 1h 15m | $168K | $205K | 50x | Short Aster≤10% back |
Price gap+0.150%
Funding gap−0.0048% /8h
The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 11 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0048% /8h now · paid −0.056% over the last 6 days (all we have)
Price+$16spread +0.150% now, avg −0.012% → +0.163% if it goes back
Costs−$290.290% of $10k · taker + slippage, in and out
Result−$18−0.18%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.150%
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
4 ok · 2 to watch- OK: Fits both order books5.9 / 8.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $200Popdex 20x, Aster 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short Aster: 6 payments, $0.00.
- OK: Entry gap works for you+0.150% vs −0.012%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$168K vs $392K OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legPopdex No · Aster NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0030%/8h × 21 periods−$6.29
Price spread+0.150% → −0.012% (7d avg)+$16.28
Slippage, 4 orderslive order books−$14.61
Fee Popdex bp × 2 orders−$6.40
Fee Aster bp × 2 orders−$8.00
Net · 7 days · $10k−$19.02
Costs to cover0.290%Break-evennever at this rate
Slippage: Popdex: live order book, 47 min ago; Aster: live order book, 45 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.275.9 bp−$621.0 bp−$210doesn’t fitdoesn’t fit
SELL · SHORTAster1.278.2 bp−$867.4 bp−$674doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | SAMSUNG/USD no longer reported ($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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