Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 81.830 | 0 | 0.0000% / 8h | 31m 56s | $5.1M | $6.0M | 20x | Long Bitget | |
| SHORT | 81.720 | +0.0048 | get 0.0006% / 1h | 31m 56s | $105K | $234K | 20x | Short Popdex |
Price gap−0.134%53s
Funding gap+0.0048% /8h
Funding trade: +$1 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−$44+0.0048% /8h now · paid −0.441% over the last 7D
Price—spread −0.134%53s now · prices read too far apart to compare
Costs−$640.638% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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−0.134%
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
/8hZHIPU on 17 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size12.7 / 19.6 bpAt $10k entering Popdex costs 19.6 bp, fee and slippage, 1.5× Bitget’s.
- Note: Margin at max leverage$500 + $500Bitget 20x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.44Long Bitget: 3 payments, $0.00; short Popdex: 24 payments, +$1.44.
- Watch: Prices read 53 s apart−0.134% vs −0.153%Part of this gap may be the market moving.
- Watch: Short leg is thinner$105K vs $5.1M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · Popdex NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0223%/8h × 21 periods−$46.77
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$45.42
Fee Bitget bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$110.59
price spread not counted: prices read too far apartCosts to cover0.638%Break-evennever at this rate
Slippage: Bitget: live order book, 7 min ago; Popdex: live order book, 62 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget2.4412.7 bp−$1337.0 bp−$37097.6 bp−$9,756doesn’t fit
SELL · SHORTPopdex1.8319.6 bp−$20doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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