Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1926 | +0.0100 | pay 0.0013% / 1h | 26m 37s | $88.2M | $22.8M | 10x | Long Hyperliquid4% off | |
| SHORT | 0.1925 | +0.0070 | get 0.0009% / 1h | 26m 37s | $564K | $399K | — | Short AZverse |
Price gap−0.036%
Funding gap−0.0030% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.023% 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−$2−0.0030% /8h now · paid −0.016% over the last 20 hours (all we have)
Price−$2spread −0.036% now, avg −0.013% → −0.023% if it goes back
Costsno datano order book for AZverse
Result, before costs−$4−0.04%+ Points / potential airdropHyperliquid: Season 2 · 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−0.036%
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
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Hyperliquid 10x, AZverse —. 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: −$0.90Long Hyperliquid: 24 payments, −$3.00; short AZverse: 24 payments, +$2.10.
- Watch: Gap narrower than usual−0.036% vs −0.013%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$564K vs $88.2M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0065%/8h × 21 periods−$13.70
Price spread−0.036% → −0.013% (7d avg)−$2.30
Slippage, 4 ordersno data for AZverse—
Fee Hyperliquid bp × 2 orders−$9.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$37.01
Costs to cover0.210%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 8 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid1.046.5 bp−$711.2 bp−$11236.5 bp−$3,65382.7 bp−$41.3K
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
| 10-23 09:05 | Reya | Listing | new market ENARUSDPERP ($ENA) seen by our collector |
| 10-21 12:23 | OKX | Other | ZEC (@Zcash) takes the spotlight in X Drops in Europe. Hold ZEC, TAO, LTC, ONDO, LINK, ZRO, LIT, ENA, DOGE or ARB for a share of 200 $ZEC, with 2× on all ZEC trades. Ends Oct 26, 14:00 CEST. @okx on X ↗ |
| 10-20 09:08 | Bullet | Listing | By popular demand, $ENA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 10-20 08:16 | Bullet | Listing | new market ENA-USD ($ENA) seen by our collector |
| 10-16 07:56 | Pacifica | Listing | $ENA Print is now live on Pacifica. Place Print $ENA orders with up to 10x leverage! Start printing: @pacifica_fi on X ↗ |
| 10-13 15:13 | OKX | Other | Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗ |

OKX
Bullet
Pacifica