Funding arb · Price arb / Crypto
BULLA
All BULLA markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.08407 | −0.0476 | get 0.0059% / 1h | 39m 36s | $138K | $25K | — | Long AZverse | |
| SHORT | 0.08354 | −0.5986 | pay 0.2993% / 4h | 3h 39m | $6.9M | $1.8M | 5x | Short Aster≤10% back |
Price gap−0.635%
Funding gap−0.5510% /8h
Both sides work against this direction now: funding costs $165 a day on $10k and the gap is 0.287% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$57−0.5510% /8h now · paid −0.566% over the last 16 hours (all we have)
Price−$29spread −0.635% now, avg −0.348% → −0.287% if it goes back
Costsno datano order book for AZverse
Result, before costs−$85−0.85%+ Points / potential airdropAster: Stage 5 · 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−0.635%
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
/8hBULLA on 6 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $2,000AZverse —, Aster 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$165.29Long AZverse: 24 payments, +$14.28; short Aster: 6 payments, −$179.57.
- Watch: Gap narrower than usual−0.635% vs −0.348%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$138K vs $6.9M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legAZverse No · Aster NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.2772%/8h × 21 periods−$582.15
Price spread−0.635% → −0.348% (7d avg)−$28.72
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Aster bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$630.87
Costs to cover0.200%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Aster: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTAster0.1835.1 bp−$35362.5 bp−$3,625doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
