Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,159.5 | +0.0136 | pay 0.0017% / 1h | 26m 49s | $821K | $975K | 20x | Long Popdex | |
| SHORT | 4,158.8 | +0.0405 | get 0.0202% / 4h | 2h 26m | $21.1M | $8.8M | 100x | Short BloFin |
Price gap−0.017%57s
Funding gap+0.0269% /8h
Funding pays +$8 a day on $10k, but the gap is 0.028% under its 7d average: −$3 if it goes back, about 8 hours of funding.
The two prices were read 57 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+$51+0.0269% /8h now · paid +0.506% over the last 7D
Price—spread −0.017%57s now · prices read too far apart to compare
Costs−$200.204% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Entry / ExitPopdex: thin, under $1M open interest
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−0.017%
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
/8hXAU on 41 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- OK: Fits both order books4.2 / 6.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $100Popdex 20x, BloFin 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$8.06Long Popdex: 24 payments, −$4.08; short BloFin: 6 payments, +$12.14.
- Watch: Prices read 57 s apart−0.017% vs +0.011%Part of this gap may be the market moving.
- Watch: Long leg is thinner$821K vs $21.1M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · BloFin LimitedNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0265%/8h × 21 periods+$55.74
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$2.04
Fee Popdex bp × 2 orders−$6.40
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k+$35.30
price spread not counted: prices read too far apartCosts to cover0.204%Break-even2.6 days
Slippage: Popdex: live order book, 7 min ago; BloFin: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.964.2 bp−$45.0 bp−$5033.5 bp−$3,348doesn’t fit
SELL · SHORTBloFin0.016.0 bp−$66.0 bp−$607.7 bp−$770doesn’t fit
Closing costs about the same again.
| 09-30 15:36 | BingX | Other | here’s what could move markets before your next trade 👀 which are you watching: gold, the dollar or AI stocks? 👇 @BingXOfficial on X ↗ |
| 09-30 02:07 | Avantis | Other | The macro backdrop hasn’t changed much, but the reactions across markets have. Yields are pushing back toward multi-decade highs and equities are struggling to get much traction. $XAU is bouncing after getting hit hard, while $BTC has managed to recover toward $84K. That divergence is where this week gets interesting, and the crew is diving in tomorrow at 12:30pm ET 📺 @verantaxyz on X ↗ |
| 09-29 13:32 | GRVT | Other | UPDATE: 74 of 109 RWA markets traded in week one. Gold led, Korean semis second, US brokerage third. Makers paid on all of them. @grvt_io on X ↗ |
| 09-29 08:55 | ApeX Omni | Other | Quiet tape. S&P -0.8%, NASDAQ -0.9%, gold and oil barely moved. The 10y keeps grinding: 5.240%, another 13bp since Thursday. bitcoin:native $83,983 +1.3%, $ETH $2,712 +2.6%. $31M into spot ETFs, an eighth straight day. Fear and greed 73. @OfficialApeXdex on X ↗ |
| 09-28 20:36 | BingX | Other | Core PCE takes center stage Wednesday 👀 A cooler print could lift gold, while a hotter one may boost USD and pressure stocks. Trade $XAU on BingX TradFi 👇 @BingXOfficial on X ↗ |
| 09-28 15:58 | BingX | Other | Gold fell over $115 today to its lowest level since August. Higher bond yields, a stronger dollar, and high oil prices are pushing the market down 👀 @BingXOfficial on X ↗ |
BingX
Avantis
GRVT
ApeX Omni