Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

SOFTBANK

RWAAll SOFTBANK markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PopdexSOFTBANKUSDT
41.060+0.0048pay 0.0006% / 1h15m 33s$393K$1.1M20xLong Popdex
SHORT
OKXSOFTBANK-USDT-SWAP
40.95000.0000% / 8h15m 33s$74K$86K10xShort OKX
Price gap−0.268%
Funding gap−0.0048% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.268% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0048% /8h now · no funding history yet
Price—spread −0.268% now · no price history on both exchanges yet
Costsno datano order book for OKX
Result, before costs—no pointsneeds funding history

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

OKX price against Popdexnow
RANGE STATS · 7D
Now−0.268%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SOFTBANK on 6 exchanges

lowest funding first

Before you open

0 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for OKX: its slippage is not counted.
  • Note: Margin at max leverage$500 + $1,000
    Popdex 20x, OKX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments 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 OKX: 3 payments, $0.00.
  • Note: No 7-day spread history−0.268%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$74K vs $393K OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPopdex No · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate−$10.08
Price spread−0.268% → 0−$26.79
Slippage, 4 ordersno data for OKX—
Fee Popdex bp × 2 orders−$6.40
Fee OKX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$53.27
Costs to cover0.164%Break-evennever at this rate
Slippage: Popdex: live order book, 3 min ago; OKX: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex6.0959.3 bp−$5961.9 bp−$619doesn’t fitdoesn’t fit
SELL · SHORTOKX—————

Closing costs about the same again.
OKX: no data.

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