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 21s | $385K | $281K | 20x | Long Popdex | |
| SHORT | 194.14 | −0.0620 | pay 0.0078% / 1h | 57m 21s | $35.1M | $51.9M | 10x | Short tradeXYZ |
Price gap−0.026%
Funding gap−0.0620% /8h
The gap pays +$20 on $10k if it goes back to its 7d average, but funding costs $19 a day and eats that in about 26 hours. At the last 7 days' pace that is about 3.8 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$34−0.0620% /8h now · paid −0.336% over the last 7D
Price+$20spread −0.026% now, avg −0.228% → +0.203% if it goes back
Costs−$140.145% of $10k · taker + slippage, in and out
Result−$28−0.28%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.336% in total, about −0.0175%/8h on average.
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
5 ok · 1 to watch- OK: Fits both order books5.1 / 3.2 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $1,000Popdex 20x, tradeXYZ 10x. 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: −$18.60Long Popdex: 24 payments, $0.00; short tradeXYZ: 24 payments, −$18.60.
- OK: Entry gap works for you−0.026% vs −0.228%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$385K vs $35.1M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · tradeXYZ NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0175%/8h × 21 periods−$36.84
Price spread−0.026% → −0.228% (7d avg)+$20.26
Slippage, 4 orderslive order books−$6.30
Fee Popdex bp × 2 orders−$6.40
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$31.08
Costs to cover0.145%Break-evenfrom the start
Slippage: Popdex: live order book, 35 min ago; tradeXYZ: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.515.1 bp−$515.1 bp−$151doesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ0.263.2 bp−$36.9 bp−$6926.6 bp−$2,659224.0 bp−$112.0K
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | SAMSUNG/USD no longer reported ($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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