Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1934 | +0.0015 | pay 0.0008% / 4h | 3h 38m | $51K | $234K | 10x | Long Orderly | |
| SHORT | 0.1935 | +0.0070 | get 0.0009% / 1h | 38m 39s | $567K | $395K | — | Short AZverse |
Price gap+0.098%
Funding gap+0.0055% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0055% /8h now · paid +0.007% over the last 20 hours (all we have)
Price+$2spread +0.098% now, avg +0.080% → +0.018% if it goes back
Costsno datano order book for Orderly and AZverse
Result, before costs+$3+0.03%no pointscosts unknown: no order book for Orderly and 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+0.098%
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
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly and AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Orderly 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.64Long Orderly: 6 payments, −$0.46; short AZverse: 24 payments, +$2.10.
- Note: Gap at its usual level+0.098% vs +0.080%The price leg adds little either way.
- Watch: Long leg is thinner$51K vs $567K 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 legOrderly No · AZverse 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+$5.89
Price spread+0.098% → +0.080% (7d avg)+$1.81
Slippage, 4 ordersno data for Orderly and AZverse—
Fee Orderly bp × 2 orders−$6.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$10.30
Costs to cover0.180%Break-even19.2 days
Slippage: Orderly: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGOrderly—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Orderly and AZverse: no data.
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