Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 739.43 | +0.0040 | pay 0.0005% / 1h | 58m 49s | $309K | $308K | — | Long AZverse | |
| SHORT | 739.87 | +0.0185 | get 0.0023% / 1h | 58m 49s | $105K | $21K | 10x | Short Phoenix |
Price gap+0.060%
Funding gap+0.0145% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.030% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0145% /8h now · paid +0.010% over the last 21 hours (all we have)
Price+$3spread +0.060% now, avg +0.029% → +0.030% if it goes back
Costsno datano order book for AZverse
Result, before costs+$4+0.04%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+0.060%
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
/8hBNB on 46 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Phoenix 10x. 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: +$4.34Long AZverse: 24 payments, −$1.20; short Phoenix: 24 payments, +$5.54.
- OK: Entry gap works for you+0.060% vs +0.029%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$105K vs $309K OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAZverse No · Phoenix NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0038%/8h × 21 periods+$8.02
Price spread+0.060% → +0.029% (7d avg)+$3.02
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k−$7.96
Costs to cover0.190%Break-even13.9 days
Slippage: AZverse: no order-book sample; Phoenix: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPhoenix0.9412.5 bp−$1243.3 bp−$433doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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