Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 136.63 | +0.0040 | pay 0.0005% / 1h | 6m 58s | $127K | $168K | — | Long AZverse | |
| SHORT | 136.61 | +0.0100 | get 0.0100% / 8h | 4h 06m | $3.5M | $2.6M | 50x | Short Phemex |
Price gap−0.015%
Funding gap+0.0060% /8h
Funding pays +$2 a day on $10k, but the gap is 0.024% under its 7d average: −$2 if it goes back, about 32 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0060% /8h now · paid +0.013% over the last 24 hours (all we have)
Price−$2spread −0.015% now, avg +0.009% → −0.024% if it goes back
Costsno datano order book for AZverse
Result, before costs−$1−0.01%no pointscosts unknown: no order book for AZverse · What 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−0.015%
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
/8hAAVE on 45 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $200AZverse —, Phemex 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: +$1.80Long AZverse: 24 payments, −$1.20; short Phemex: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.015% vs +0.009%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$127K vs $3.5M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0043%/8h × 21 periods+$9.01
Price spread−0.015% → +0.009% (7d avg)−$2.39
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Phemex bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$17.38
Costs to cover0.240%Break-even20.5 days
Slippage: AZverse: no order-book sample; Phemex: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPhemex1.4713.4 bp−$1318.5 bp−$185doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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