Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 98.430 | −0.6376 | get 0.0797% / 1h | 17m 26s | $115K | $970K | 20x | Long Popdex | |
| SHORT | 98.370 | −2.3555 | pay 2.3555% / 8h | 7h 17m | $77K | $180K | 10x | Short Orderly |
Price gap−0.061%
Funding gap−1.7179% /8h
Both sides work against this direction now: funding costs $515 a day on $10k and the gap is 0.041% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$124−1.7179% /8h now · paid −1.245% over the last 7D
Price−$4spread −0.061% now, avg −0.020% → −0.041% if it goes back
Costsno datano order book for Orderly
Result, before costs−$129−1.29%no pointscosts unknown: no order book for Orderly · What the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −1.245% in total, about −0.0593%/8h on average.
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−0.061%
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
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$500 + $1,000Popdex 20x, Orderly 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$515.36Long Popdex: 24 payments, +$191.28; short Orderly: 3 payments, −$706.64.
- Watch: Gap narrower than usual−0.061% vs −0.020%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$77K vs $115K OIOrderly 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 · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0593%/8h × 21 periods−$124.49
Price spread−0.061% → −0.020% (7d avg)−$4.09
Slippage, 4 ordersno data for Orderly—
Fee Popdex bp × 2 orders−$6.40
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$140.98
Costs to cover0.124%Break-evennever at this rate
Slippage: Popdex: live order book, 13 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.018.4 bp−$817.1 bp−$171doesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
| 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, $UNITREE trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗ |
| 10-20 05:21 | SoDEX | Other | 🚀 UNITREE IS BACK, BABY! 🔥 @sodex_official on X ↗ |
| 10-13 18:53 | Paragon | Other | Unitree ($UNITREE) opened Aug 4, 15 days before the Shanghai IPO. It closed its first day at $64.93, went into IPO eve at $96, hit $137 on IPO day and closed $113. More than $28M traded before a single share changed hands in Shanghai. It is $64 now. @tradeparagon on X ↗ |
| 09-18 04:00 | SunX | Other | SunX 101 Lesson #77 | What Is UNITREE? Unitree Robotics is a global leader in high-performance legged robotics, specializing in quadruped and humanoid robots for research, inspection, and emergency response. $UNITREE is a tokenized asset that tracks #UNITREE stock 1:1 on-chain. Now you can trade it on SunX with $UNITREE/USDT, 24/7. 👉 @SunX_DEX on X ↗ |
| 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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