Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,243 | +0.0050 | pay 0.0006% / 1h | 28m 43s | $53K | $76K | 10x | Long SoDEX | |
| SHORT | 1,242.8 | +0.0050 | get 0.0006% / 1h | 28m 43s | $235K | $147K | 10x | Short Backpack |
Price gap−0.013%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$510.0000% /8h now · paid −0.507% over the last 7D
Price−$1spread −0.013% now, avg −0.002% → −0.011% if it goes back
Costs−$330.326% 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−0.013%
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
1 ok · 3 to watch- Watch: Large against open interest11.4 / 5.4 bp$10k is over 10% of SoDEX’s open interest.
- Note: Margin at max leverage$1,000 + $1,000SoDEX 10x, Backpack 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: $0.00Long SoDEX: 24 payments, −$1.50; short Backpack: 24 payments, +$1.50.
- Note: Gap at its usual level−0.013% vs −0.002%The price leg adds little either way.
- Watch: Long leg is thinner$53K vs $235K OISoDEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSoDEX No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0242%/8h × 21 periods−$50.73
Price spread−0.013% → −0.002% (7d avg)−$1.08
Slippage, 4 orderslive order books−$14.60
Fee SoDEX bp × 2 orders−$8.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k−$84.41
Costs to cover0.326%Break-evennever at this rate
Slippage: SoDEX: live order book, 44 min ago; Backpack: live order book, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSoDEX0.0411.4 bp−$1137.8 bp−$378doesn’t fitdoesn’t fit
SELL · SHORTBackpack0.045.4 bp−$552.1 bp−$521doesn’t fitdoesn’t fit
Closing costs about the same again.
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