Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 354.23 | +0.0216 | pay 0.0027% / 1h | 28m 20s | $395K | $592K | 20x | Long Popdex | |
| SHORT | 353.69 | +0.0033 | get 0.0004% / 1h | 28m 20s | $87K | $67K | 25x | Short Injective |
Price gap−0.151%46s
Funding gap−0.0183% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.151% under zero (no 7-day history yet). Swap the legs.
The two prices were read 46 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0183% /8h now · no funding history yet
Price—spread −0.151%46s now · prices read too far apart to compare
Costsno datano order book for Injective
Result, before costs—no pointsneeds funding history
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.151%
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
/8hTSLA on 37 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Injective: its slippage is not counted.
- Note: Margin at max leverage$500 + $400Popdex 20x, Injective 25x. 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: −$5.48Long Popdex: 24 payments, −$6.48; short Injective: 24 payments, +$1.00.
- Watch: Prices read 46 s apart−0.151% vs —Part of this gap may be the market moving.
- Watch: Short leg is thinner$87K vs $395K OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPopdex No · Injective NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$38.36
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Injective—
Fee Popdex bp × 2 orders−$6.40
Fee Injective bp × 2 orders−$0.02
Net, fees only · 7 days · $10k−$44.78
price spread not counted: prices read too far apartCosts to cover0.064%Break-evennever at this rate
Slippage: Popdex: live order book, 4 min ago; Injective: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.563.8 bp−$45.0 bp−$50doesn’t fitdoesn’t fit
SELL · SHORTInjective—————
Closing costs about the same again.
Injective: no data.
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