Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 194.19 | 0 | 0.0000% / 1h | 57m 13s | $385K | $281K | 20x | Long Popdex | |
| SHORT | 194.24 | −0.0431 | pay 0.0216% / 4h | 1h 57m | $23.9M | $135.9M | 25x | Short Binance |
Price gap+0.026%
Funding gap−0.0431% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $13 a day and eats that in about 5 hours. At the last 7 days' pace that is about 3 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$179−0.0431% /8h now · paid −1.786% over the last 7D
Price+$3spread +0.026% now, avg −0.004% → +0.030% if it goes back
Costs−$200.195% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / ExitPopdex: 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+0.026%
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 25 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books5.1 / 4.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $400Popdex 20x, Binance 25x. 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: −$12.93Long Popdex: 24 payments, $0.00; short Binance: 6 payments, −$12.93.
- OK: Entry gap works for you+0.026% vs −0.004%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$385K vs $23.9M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0933%/8h × 21 periods−$196.02
Price spread+0.026% → −0.004% (7d avg)+$2.96
Slippage, 4 orderslive order books−$5.11
Fee Popdex bp × 2 orders−$6.40
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$212.57
Costs to cover0.195%Break-evennever at this rate
Slippage: Popdex: live order book, 35 min ago; Binance: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.515.1 bp−$515.1 bp−$151doesn’t fitdoesn’t fit
SELL · SHORTBinance0.264.3 bp−$49.1 bp−$9140.9 bp−$4,090doesn’t fit
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | SAMSUNG/USD no longer reported ($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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