Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,183.3 | +0.0048 | pay 0.0006% / 1h | 1m 44s | $806K | $1.1M | 20x | Long Popdex | |
| SHORT | 4,174.8 | +0.0011 | get 0.0006% / 4h | 3h 01m | $29.1M | $54.1M | 50x | Short edgeX |
Price gap−0.204%
Funding gap−0.0037% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.056% 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+$2−0.0037% /8h now · paid +0.016% over the last 7D
Price−$6spread −0.204% now, avg −0.149% → −0.056% if it goes back
Costs−$170.173% of $10k · taker + slippage, in and out
Result−$21−0.21%+ Points / potential airdropedgeX: points · 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−0.204%
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
3 ok · 3 to watch- OK: Fits both order books3.8 / 4.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $200Popdex 20x, edgeX 50x. 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: −$1.10Long Popdex: 24 payments, −$1.44; short edgeX: 6 payments, +$0.34.
- Watch: Gap narrower than usual−0.204% vs −0.149%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$806K vs $29.1M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legPopdex No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0008%/8h × 21 periods+$1.62
Price spread−0.204% → −0.149% (7d avg)−$5.57
Slippage, 4 orderslive order books−$1.91
Fee Popdex bp × 2 orders−$6.40
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$21.26
Costs to cover0.173%Break-even98.8 days
Slippage: Popdex: live order book, 4 min ago; edgeX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.603.8 bp−$44.2 bp−$4216.7 bp−$1,669doesn’t fit
SELL · SHORTedgeX0.364.9 bp−$54.9 bp−$497.9 bp−$79436.3 bp−$18.1K
Closing costs about the same again.
| 10-01 04:01 | HTX | Other | 10 Trades, 3 Highlights:👀 $BTC → 9 straight days of inflows $XAU → Safe-haven bid getting stronger $SOL → $188M in ETF inflows this week What's the ticker? Trade it 24/7 on @HTXFutures. @HTX_Global on X ↗ |
| 10-01 02:30 | Kalshi | Other | JUST IN: McDonald's Canada giving away 10-karat gold Quarter Pounder worth almost $15,000 in Monopoly game @Kalshi on X ↗ |
| 09-30 18:40 | Hotstuff | Listing | GOLD-PERP no longer reported ($XAU) seen by our collector |
| 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 ↗ |


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