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 28s | $821K | $975K | 20x | Long Popdex | |
| SHORT | 4,156.2 | +0.0436 | get 0.0054% / 1h | 26m 28s | $686K | $587K | 25x | Short Kraken Futures |
Price gap−0.079%
Funding gap+0.0300% /8h
Funding trade: +$9 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+$27+0.0300% /8h now · paid +0.269% over the last 7D
Price−$2spread −0.079% now, avg −0.063% → −0.015% if it goes back
Costs−$240.245% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Entry / ExitPopdex: thin, under $1M open interest · Kraken Futures: 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−0.079%
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 / 9.4 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $400Popdex 20x, Kraken Futures 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: +$8.99Long Popdex: 24 payments, −$4.08; short Kraken Futures: 24 payments, +$13.07.
- Note: Gap at its usual level−0.079% vs −0.063%The price leg adds little either way.
- Watch: Short leg is thinner$686K vs $821K OIKraken Futures sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Kraken Futures YesFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0141%/8h × 21 periods+$29.65
Price spread−0.079% → −0.063% (7d avg)−$1.52
Slippage, 4 orderslive order books−$8.09
Fee Popdex bp × 2 orders−$6.40
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k+$3.64
Costs to cover0.245%Break-even6.1 days
Slippage: Popdex: live order book, 7 min ago; Kraken Futures: live order book, 6 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 · SHORTKraken Futures1.719.4 bp−$914.0 bp−$140doesn’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 ↗ |


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