Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1899 | +0.0022 | pay 0.0003% / 1h | 46m 14s | $556K | $387K | — | Long AZverse | |
| SHORT | 0.1898 | 0 | 0.0000% / 1h | 46m 14s | $127K | $18K | 5x | Short dYdX |
Price gap−0.038%
Funding gap−0.0022% /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$0−0.0022% /8h now · paid −0.005% over the last 21 hours (all we have)
Price$0spread −0.038% now, avg −0.038% → +0.001% if it goes back
Costsno datano order book for AZverse
Result, before costs$00.00%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−0.038%
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
/8hENA on 45 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $2,000AZverse —, dYdX 5x. 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: −$0.66Long AZverse: 24 payments, −$0.66; short dYdX: 24 payments, $0.00.
- Note: Gap at its usual level−0.038% vs −0.038%The price leg adds little either way.
- Watch: Short leg is thinner$127K vs $556K OIdYdX 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 · dYdX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0017%/8h × 21 periods−$3.57
Price spread−0.038% → −0.038% (7d avg)+$0.06
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee dYdX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$25.50
Costs to cover0.220%Break-evennever at this rate
Slippage: AZverse: no order-book sample; dYdX: live order book, 48 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTdYdX49.7254.7 bp−$55347.4 bp−$3,474665.8 bp−$66.6K1523.5 bp−$761.7K
Closing costs about the same again.
AZverse: no data.
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