Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1890 | +0.0017 | pay 0.0002% / 1h | 40m 33s | $554K | $386K | — | Long AZverse | |
| SHORT | 0.1889 | −0.0028 | pay 0.0014% / 4h | 2h 40m | $50K | $234K | 10x | Short Orderly |
Price gap−0.053%
Funding gap−0.0045% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 2.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0045% /8h now · paid −0.008% over the last 21 hours (all we have)
Price+$3spread −0.053% now, avg −0.082% → +0.029% if it goes back
Costsno datano order book for AZverse and Orderly
Result, before costs+$2+0.02%no pointscosts unknown: no order book for AZverse and Orderly · 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−0.053%
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 · 2 to watch- Note: Order book unknown—No order-book sample for AZverse and Orderly: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Orderly 10x. 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: −$1.35Long AZverse: 24 payments, −$0.52; short Orderly: 6 payments, −$0.83.
- OK: Entry gap works for you−0.053% vs −0.082%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$50K vs $554K OIOrderly 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 · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0028%/8h × 21 periods−$5.97
Price spread−0.053% → −0.082% (7d avg)+$2.93
Slippage, 4 ordersno data for AZverse and Orderly—
Fee AZverse bp × 2 orders−$12.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$21.04
Costs to cover0.180%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTOrderly—————
Closing costs about the same again.
AZverse and Orderly: no data.
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