BTC

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AZversebtc_usdt	80,690.4	+0.0081	pay 0.0010% / 1h	25m 04s	$17.4M	$25.7M	—	Long AZverse
SHORT	PhoenixBTC	80,857	+0.0138	get 0.0017% / 1h	25m 04s	$2.9M	$10.2M	40x	Short Phoenix

Price gap+0.206%

Funding gap+0.0057% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.123% above its 7d average: +$12 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$1+0.0057% /8h now · paid +0.010% over the last 18 hours (all we have)

Price+$12spread +0.206% now, avg +0.083% → +0.123% if it goes back

Costsno datano order book for AZverse

Result, before costs+$13+0.13%no pointscosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / 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+0.206%

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

/8h

BTC on 56 exchanges

lowest funding first

Before 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— + $250
AZverse —, Phoenix 40x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.72Long AZverse: 24 payments, −$2.43; short Phoenix: 24 payments, +$4.15.
OK: Entry gap works for you+0.206% vs +0.083%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$2.9M vs $17.4M OI
Phoenix 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 No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0046%/8h × 21 periods+$9.64

Price spread+0.206% → +0.083% (7d avg)+$12.33

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+$2.97

Costs to cover0.190%Break-even4.8 days

Slippage: AZverse: no order-book sample; Phoenix: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAZverse—————

SELL · SHORTPhoenix0.063.7 bp−$45.2 bp−$5210.6 bp−$1,058104.7 bp−$52.4K

Closing costs about the same again.
AZverse: no data.

BTC news

posts that mention BTC, from every exchangeSearch all news →

10-24 00:20	BingX	Other	what’s your ultimate exit price for $btc? 🟠 @BingXOfficial on X ↗
10-23 16:00	Aster	Listing	BTCUSDC, ETHUSDC, and SOLUSDC perpetuals are now live on Aster. Another step forward with @arc and @circle in expanding @USDC's role in onchain trading. @Aster_DEX on X ↗
10-23 12:50	Aster	Listing	new market BTCUSDC ($BTC) seen by our collector
10-23 10:15	Phemex	Other	$BTC ran to ~$85K this week, then snapped back to $81K. A classic grid would've watched from the sidelines once price left the range. When price breaks the top, it drops the lowest buy and places a new sell above. Range-bound or breaking out, which one are you trading this week? 👇 @Phemex_official on X ↗
10-23 01:12	Gate	Other	What if your everyday spending could give you more back? With Gate Card, spend $BTC, $ETH, $USDT, and $GT on everything from shopping and dining to travel and subscriptions, and earn up to 8% cashback on eligible purchases. Apple Pay, Google Wallet, WeChat Pay, and Alipay supported. Crypto for everyday life, made simple. Get your Gate Card: @Gate on X ↗
10-22 19:25	Extended	Other	Extended now settles on @arc. The migration of $120 million in TVL is complete, with open positions and orders carried across. Trading continued throughout the process. What this means for our users: • Faster deposits and withdrawals, leveraging Arc’s sub-second finality. • Native USDC transfers through Circle’s CCTP. • cirBTC is now the BTC collateral asset. Deposits and withdrawals are open again. @extendedapp on X ↗

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