Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 80,672.1 | +0.0112 | pay 0.0010% / 43m | 0m 05s | $727K | $9.8M | 15x | Long Perpl | |
| SHORT | 80,690.4 | +0.0081 | get 0.0010% / 1h | 25m 05s | $17.4M | $25.7M | — | Short AZverse |
Price gap+0.023%
Funding gap−0.0031% /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−$2−0.0031% /8h now · paid −0.018% over the last 18 hours (all we have)
Price−$1spread +0.023% now, avg +0.034% → −0.012% if it goes back
Costsno datano order book for Perpl and AZverse
Result, before costs−$3−0.03%+ Points / potential airdropPerpl: points · farm boardcosts unknown: no order book for Perpl and 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+0.023%
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
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Perpl and AZverse: its slippage is not counted.
- Note: Margin at max leverage$667 + —Perpl 15x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ43m / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.97Long Perpl: 34 payments, −$3.40; short AZverse: 24 payments, +$2.43.
- Note: Gap at its usual level+0.023% vs +0.034%The price leg adds little either way.
- Watch: Long leg is thinner$727K vs $17.4M OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl pointsVolume here counts toward the points program.
- OK: No KYC on either legPerpl No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0083%/8h × 21 periods−$17.50
Price spread+0.023% → +0.034% (7d avg)−$1.18
Slippage, 4 ordersno data for Perpl and AZverse—
Fee Perpl bp × 2 orders−$6.90
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$37.57
Costs to cover0.189%Break-evennever at this rate
Slippage: Perpl: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPerpl—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Perpl and AZverse: no data.
| 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 ↗ |
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| 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 ↗ |
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