Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 65.500 | +0.1183 | pay 0.1183% / 8h | 7h 19m | $4.8M | $2.2M | 25x | Long OKX | |
| SHORT | 65.440 | +0.2632 | get 0.0329% / 1h | 19m 27s | $104K | $213K | 20x | Short Popdex |
Price gap−0.092%
Funding gap+0.1449% /8h
Funding pays +$43 a day on $10k, but the gap is 0.052% under its 7d average: −$5 if it goes back, about 3 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$72+0.1449% /8h now · paid −0.717% over the last 7D
Price−$5spread −0.092% now, avg −0.039% → −0.052% if it goes back
Costs−$620.617% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.717% in total, about −0.0342%/8h on average.
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−0.092%
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 21 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size12.3 / 17.9 bpAt $10k entering Popdex costs 17.9 bp, fee and slippage, 1.5× OKX’s.
- Note: Margin at max leverage$400 + $500OKX 25x, 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: +$43.48Long OKX: 3 payments, −$35.48; short Popdex: 24 payments, +$78.96.
- Watch: Gap narrower than usual−0.092% vs −0.039%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$104K vs $4.8M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · Popdex NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0342%/8h × 21 periods−$71.72
Price spread−0.092% → −0.039% (7d avg)−$5.24
Slippage, 4 orderslive order books−$45.25
Fee OKX bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$138.61
Costs to cover0.617%Break-evennever at this rate
Slippage: OKX: live order book, 3 min ago; Popdex: live order book, 43 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX0.7612.3 bp−$1259.4 bp−$594doesn’t fitdoesn’t fit
SELL · SHORTPopdex3.8317.9 bp−$1883.8 bp−$838doesn’t fitdoesn’t fit
Closing costs about the same again.
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