Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 194.17 | −0.0661 | get 0.0083% / 1h | 26m 07s | $35.3M | $52.0M | 10x | Long tradeXYZ | |
| SHORT | 194.43 | +0.0048 | get 0.0006% / 1h | 26m 07s | $385K | $282K | 20x | Short Popdex |
Price gap+0.134%
Funding gap+0.0709% /8h
Funding pays +$21 a day on $10k, but the gap is 0.095% under its 7d average: −$9 if it goes back, about 11 hours of funding. At the last 7 days' pace that is about 43 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$34+0.0709% /8h now · paid +0.336% over the last 7D
Price−$9spread +0.134% now, avg +0.229% → −0.095% if it goes back
Costs−$150.150% of $10k · taker + slippage, in and out
Result+$9+0.09%+ Points / potential airdroptradeXYZ: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.336% in total, about +0.0176%/8h on average.
Price and funding
1h · loading 5m…Entry / 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+0.134%
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
4 ok · 2 to watch- OK: Fits both order books2.3 / 5.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500tradeXYZ 10x, Popdex 20x. 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: +$21.26Long tradeXYZ: 24 payments, +$19.82; short Popdex: 24 payments, +$1.44.
- Watch: Gap narrower than usual+0.134% vs +0.229%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$385K vs $35.3M 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 legtradeXYZ No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0176%/8h × 21 periods+$36.95
Price spread+0.134% → +0.229% (7d avg)−$9.49
Slippage, 4 orderslive order books−$6.83
Fee tradeXYZ bp × 2 orders−$1.80
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$12.42
Costs to cover0.150%Break-even4.6 days
Slippage: tradeXYZ: live order book, 13 min ago; Popdex: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ1.032.3 bp−$25.7 bp−$5727.1 bp−$2,714doesn’t fit
SELL · SHORTPopdex0.515.0 bp−$515.0 bp−$150doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | SAMSUNG/USD no longer reported ($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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