Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,155.7 | +0.0232 | pay 0.0029% / 1h | 57m 59s | $806K | $985K | 20x | Long Popdex | |
| SHORT | 4,153.6 | +0.0376 | get 0.0047% / 1h | 57m 59s | $578K | $2.3M | 25x | Short Deribit |
Price gap−0.051%
Funding gap+0.0144% /8h
Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$72+0.0144% /8h now · paid +0.720% over the last 7D
Price−$1spread −0.051% now, avg −0.042% → −0.009% if it goes back
Costs−$160.156% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / ExitPopdex: thin, under $1M open interest · Deribit: 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−0.051%
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
2 ok · 2 to watch- OK: Fits both order books4.2 / 3.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $400Popdex 20x, Deribit 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: +$4.33Long Popdex: 24 payments, −$6.96; short Deribit: 24 payments, +$11.29.
- Note: Gap at its usual level−0.051% vs −0.042%The price leg adds little either way.
- Watch: Short leg is thinner$578K vs $806K OIDeribit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Deribit YesID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0377%/8h × 21 periods+$79.10
Price spread−0.051% → −0.042% (7d avg)−$0.90
Slippage, 4 orderslive order books−$2.23
Fee Popdex bp × 2 orders−$6.40
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k+$62.57
Costs to cover0.156%Break-even1.5 days
Slippage: Popdex: live order book, 36 min ago; Deribit: live order book, 1 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 · SHORTDeribit0.123.6 bp−$43.9 bp−$39doesn’t fitdoesn’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