Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 59.030 | −0.2962 | get 0.0370% / 1h | 5m 07s | $240K | $1.7M | 5x | Long Popdex | |
| SHORT | 57.190 | 0 | 0.0000% / 8h | 2h 05m | $3.1M | $6.9M | 50x | Short Gate |
Price gap−3.117%
Funding gap+0.2962% /8h
Funding pays +$89 a day on $10k, but the gap is 2.984% under its 7d average: −$298 if it goes back, about 3.4 days of funding. At the last 7 days' pace that is about 2 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$34+0.2962% /8h now · paid +0.342% over the last 7D
Price−$298spread −3.117% now, avg −0.134% → −2.984% if it goes back
Costs−$670.667% of $10k · taker + slippage, in and out
Result−$331−3.31%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.342% in total, about +0.0163%/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−3.117%
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 size13.5 / 16.7 bpAt $10k entering Gate costs 16.7 bp, fee and slippage, 1.2× Popdex’s.
- Note: Margin at max leverage$2,000 + $200Popdex 5x, Gate 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$88.87Long Popdex: 24 payments, +$88.87; short Gate: 3 payments, $0.00.
- Watch: Gap narrower than usual−3.117% vs −0.134%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$240K vs $3.1M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPopdex No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0163%/8h × 21 periods+$34.18
Price spread−3.117% → −0.134% (7d avg)−$298.35
Slippage, 4 orderslive order books−$45.31
Fee Popdex bp × 2 orders−$6.40
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$330.88
Costs to cover0.667%Break-even74.8 days
Slippage: Popdex: live order book, 1 min ago; Gate: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.8513.5 bp−$1486.8 bp−$868doesn’t fitdoesn’t fit
SELL · SHORTGate2.6216.7 bp−$1771.5 bp−$715116.9 bp−$11.7Kdoesn’t fit
Closing costs about the same again.
ZHIPU news
posts that mention ZHIPU, from every exchange| 10-28 17:49 | Markets by Kinetiq | Other | China's AI stocks already crashed. $ZHIPU is down 80% from its high, $MINIMAX 74%. The Nasdaq-100 is down 5%. A China problem, or a preview? @Markets_xyz on X ↗ |
| 09-23 02:03 | SoDEX | Listing | 📊 SoDEX 24h Movers · Sep 23 61 of 93 markets higher. Brent crude fell below $95 as US-Iran direct talks at the UN signaled easing tensions, weighing on oil-linked assets. Fed officials Barkin and Collins kept a hawkish tone, leaving the door open for further hikes. CME's upcoming BCH and UNI futures listing continued to drive major gains in those tokens. What moved them bitcoin-cash:native · CME Group announced it will list BCH futures on October 19, news continued to drive buying interest. UNI · CME listing UNI futures on Oct 19, plus Uniswap handles over 99% of Robinhood Chain stock token DeFi deposits. DASH · DoorDash agreed to a $131.5M settlement with NYC, resolving the courier minimum-wage investigation and removing regulatory overhang. ZHIPU · Anthropic accused Chinese AI firms of model distillation and CAC launched probes into DeepSeek and Moonshot, pressuring Chinese AI stocks. MINIMAX · Same Anthropic distillation accusations and CAC probes into Chinese AI companies weighed on the sector. 61 up · 31 down · 1 flat across 93 perp markets. 25 also trade spot. Amid Fed hawkishness and Brent's drop below $95, Layer 1 Season posted record Week-3 open interest of $155M, with 17 weeks remaining. SoDEX Layer 1 Season campaign is ongoing since September 1; Week 3 open interest hit an ATH of $155M, with 17 weeks remaining. Trade 👉 @sodex_official on X ↗ |
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