Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2051 | +0.0009 | pay 0.0001% / 1h | 26m 57s | $159K | $182K | 15x | Long Backpack | |
| SHORT | 0.2053 | −0.0035 | pay 0.0004% / 1h | 26m 57s | $162K | $144K | — | Short AZverse |
Price gap+0.097%
Funding gap−0.0044% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4−0.0044% /8h now · paid +0.042% over the last 20 hours (all we have)
Price+$1spread +0.097% now, avg +0.085% → +0.012% if it goes back
Costsno datano order book for AZverse
Result, before costs+$5+0.05%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+0.097%
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
/8hADA on 37 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$667 + —Backpack 15x, AZverse —. 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: −$1.31Long Backpack: 24 payments, −$0.26; short AZverse: 24 payments, −$1.05.
- Note: Gap at its usual level+0.097% vs +0.085%The price leg adds little either way.
- Watch: Long leg is thinner$159K vs $162K OIBackpack sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBackpack Yes · AZverse NoKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0172%/8h × 21 periods+$36.20
Price spread+0.097% → +0.085% (7d avg)+$1.24
Slippage, 4 ordersno data for AZverse—
Fee Backpack bp × 2 orders−$10.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$15.45
Costs to cover0.220%Break-even4.0 days
Slippage: Backpack: live order book, 12 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack0.247.0 bp−$732.8 bp−$328doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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