Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 137.14 | +0.0100 | pay 0.0013% / 1h | 29m 37s | $10K | $65K | 5x | Long Reya | |
| SHORT | 137.52 | +0.0144 | get 0.0018% / 1h | 29m 37s | $500K | $472K | 20x | Short Popdex |
Price gap+0.277%
Funding gap+0.0044% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.277% above zero (no 7-day history yet): +$28 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$82+0.0044% /8h now · paid +0.819% over the last 7D
Price—spread +0.277% now · no price history on both exchanges yet
Costsno datano order book for Reya
Result, before costs—+ Points / potential airdropReya: points · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.277%
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
/8hSPCX on 47 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Reya: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $500Reya 5x, 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: +$1.32Long Reya: 24 payments, −$3.00; short Popdex: 24 payments, +$4.32.
- Note: No 7-day spread history+0.277%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$10K vs $500K OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- OK: No KYC on either legReya No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0390%/8h × 21 periods+$81.93
Price spread+0.277% → 0+$27.69
Slippage, 4 ordersno data for Reya—
Fee Reya bp × 2 orders−$6.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k+$97.23
Costs to cover0.124%Break-evenfrom the start
Slippage: Reya: no order-book sample; Popdex: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGReya—————
SELL · SHORTPopdex0.734.1 bp−$46.0 bp−$60doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya: no data.
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