Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 80,909 | +0.0073 | pay 0.0009% / 1h | 21m 20s | $17.3M | $26.4M | — | Long AZverse | |
| SHORT | 80,903.6 | +0.0100 | get 0.0013% / 1h | 21m 20s | $48.3M | $276.9M | 50x | Short Pacifica10% back |
Price gap−0.007%
Funding gap+0.0027% /8h
Funding pays +$1 a day on $10k, but the gap is 0.034% under its 7d average: −$3 if it goes back, about 4.2 days of funding. At the last 7 days' pace that is about 47 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0027% /8h now · paid +0.011% over the last 15 hours (all we have)
Price−$3spread −0.007% now, avg +0.027% → −0.034% if it goes back
Costsno datano order book for AZverse
Result, before costs−$2−0.02%+ Points / potential airdropPacifica: points · farm boardcosts 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−0.007%
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
/8hBTC on 56 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— + $200AZverse —, Pacifica 50x. 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: +$0.80Long AZverse: 24 payments, −$2.20; short Pacifica: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.007% vs +0.027%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Long leg is thinner$17.3M vs $48.3M OIBoth legs are deep; AZverse is the smaller one.
- OK: Points on a legPacifica pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Pacifica NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0059%/8h × 21 periods+$12.30
Price spread−0.007% → +0.027% (7d avg)−$3.41
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Pacifica bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$11.10
Costs to cover0.200%Break-even13.3 days
Slippage: AZverse: no order-book sample; Pacifica: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPacifica0.064.1 bp−$44.2 bp−$426.3 bp−$628doesn’t fit
Closing costs about the same again.
AZverse: no data.
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