Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1946 | +0.0062 | pay 0.0008% / 1h | 50m 18s | $570K | $419K | — | Long AZverse | |
| SHORT | 0.1944 | +0.0104 | get 0.0013% / 1h | 50m 18s | $889K | $4.5M | 50x | Short Extended10% off |
Price gap−0.114%
Funding gap+0.0042% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.022% above its 7d average: +$2 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0042% /8h now · paid +0.001% over the last 17 hours (all we have)
Price+$2spread −0.114% now, avg −0.136% → +0.022% if it goes back
Costsno datano order book for AZverse
Result, before costs+$2+0.02%+ Points / potential airdropExtended: 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−0.114%
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
4 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 —, Extended 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: +$1.27Long AZverse: 24 payments, −$1.85; short Extended: 24 payments, +$3.12.
- OK: Entry gap works for you−0.114% vs −0.136%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$570K vs $889K OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Extended NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0004%/8h × 21 periods+$0.92
Price spread−0.114% → −0.136% (7d avg)+$2.19
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Extended bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$13.89
Costs to cover0.170%Break-even113.2 days
Slippage: AZverse: no order-book sample; Extended: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTExtended0.263.7 bp−$47.8 bp−$78doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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