Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,242.2 | +0.0048 | pay 0.0006% / 1h | 9m 34s | $292K | $266K | 20x | Long Popdex | |
| SHORT | 1,240.6 | +0.0100 | get 0.0013% / 1h | 9m 34s | $217K | $433K | 20x | Short TxFlow5% off |
Price gap−0.129%
Funding gap+0.0052% /8h
Funding pays +$2 a day on $10k, but the gap is 0.027% under its 7d average: −$3 if it goes back, about 41 hours of funding. At the last 7 days' pace that is about 13 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$36+0.0052% /8h now · paid +0.361% over the last 7D
Price−$3spread −0.129% now, avg −0.102% → −0.027% if it goes back
Costs−$220.217% of $10k · taker + slippage, in and out
Result+$12+0.12%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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−0.129%
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
/8hSNDK on 45 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books3.6 / 6.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $500Popdex 20x, TxFlow 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: +$1.56Long Popdex: 24 payments, −$1.44; short TxFlow: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.129% vs −0.102%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$217K vs $292K OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0172%/8h × 21 periods+$36.07
Price spread−0.129% → −0.102% (7d avg)−$2.69
Slippage, 4 orderslive order books−$6.26
Fee Popdex bp × 2 orders−$6.40
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k+$11.72
Costs to cover0.217%Break-even4.7 days
Slippage: Popdex: live order book, 12 min ago; TxFlow: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.403.6 bp−$45.9 bp−$594153.5 bp−$415.4Kdoesn’t fit
SELL · SHORTTxFlow1.546.8 bp−$710.0 bp−$10028.4 bp−$2,836103.5 bp−$51.7K
Closing costs about the same again.
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