Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 203.26 | +0.0048 | pay 0.0006% / 1h | 58m 31s | $396K | $310K | 20x | Long Popdex | |
| SHORT | 203.04 | 0 | 0.0000% / 4h | 3h 58m | $34K | $105K | 10x | Short GRVT |
Price gap−0.108%60s
Funding gap−0.0048% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.078% 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−$12−0.0048% /8h now · paid −0.121% over the last 7D
Price—spread −0.108%60s now · prices read too far apart to compare
Costs−$270.268% 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−0.108%
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
2 ok · 4 to watch- Watch: Large against open interest5.8 / 9.1 bp$10k is over 10% of GRVT’s open interest.
- Note: Margin at max leverage$500 + $1,000Popdex 20x, GRVT 10x. 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 GRVT: 6 payments, $0.00.
- Watch: Prices read 60 s apart−0.108% vs −0.030%Part of this gap may be the market moving.
- Watch: Short leg is thinner$34K vs $396K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0058%/8h × 21 periods−$12.08
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$11.37
Fee Popdex bp × 2 orders−$6.40
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$38.85
price spread not counted: prices read too far apartCosts to cover0.268%Break-evennever at this rate
Slippage: Popdex: live order book, 44 min ago; GRVT: live order book, 34 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.745.8 bp−$69.7 bp−$97doesn’t fitdoesn’t fit
SELL · SHORTGRVT0.749.1 bp−$911.4 bp−$114doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | SAMSUNG/USD no longer reported ($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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