Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 95.233 | 0 | 0.0000% / 4h | 3h 18m | $245K | $131K | 20x | Long Aster≤10% back | |
| SHORT | 95.100 | +0.0048 | get 0.0006% / 1h | 18m 16s | $112K | $154K | 20x | Short Popdex |
Price gap−0.140%
Funding gap+0.0048% /8h
Funding pays +$1 a day on $10k, but the gap is 0.110% under its 7d average: −$11 if it goes back, about 7.6 days of funding. At the last 7 days' pace that is about 24 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$75+0.0048% /8h now · paid +0.755% over the last 7D
Price−$11spread −0.140% now, avg −0.030% → −0.110% if it goes back
Costs−$510.505% of $10k · taker + slippage, in and out
Result+$14+0.14%+ Points / potential airdropAster: Stage 5 · 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−0.140%
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
/8hUNITREE on 22 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size17.3 / 7.7 bpAt $10k entering Aster costs 17.3 bp, fee and slippage, 2.2× Popdex’s.
- Note: Margin at max leverage$500 + $500Aster 20x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.44Long Aster: 6 payments, $0.00; short Popdex: 24 payments, +$1.44.
- Watch: Gap narrower than usual−0.140% vs −0.030%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$112K vs $245K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legAster No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0359%/8h × 21 periods+$75.46
Price spread−0.140% → −0.030% (7d avg)−$10.96
Slippage, 4 orderslive order books−$36.10
Fee Aster bp × 2 orders−$8.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$14.00
Costs to cover0.505%Break-even5.7 days
Slippage: Aster: live order book, 14 min ago; Popdex: live order book, 63 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster2.0017.3 bp−$171201.1 bp−$12.0Kdoesn’t fitdoesn’t fit
SELL · SHORTPopdex1.057.7 bp−$818.1 bp−$181doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 19:07 | Paragon | Product | Unitree closed at its 20% daily limit in Shanghai today, its first limit-up since the August listing, two days after introducing the H2-X. Shanghai is closed until Monday, $UNITREE trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗ |
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| 09-17 17:43 | Paragon | Other | $TREAD led Paragon markets over the past 24h at +25.99%, ahead of $SMCI at +10.56% and $ANSEM at +9.29%, with $UNITREE up 6.50%. @tradeparagon on X ↗ |


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