Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1921 | +0.0124 | pay 0.0016% / 1h | 21m 17s | $16K | $85K | 10x | Long Phoenix | |
| SHORT | 0.1918 | +0.0070 | get 0.0009% / 1h | 21m 17s | $561K | $407K | — | Short AZverse |
Price gap−0.130%
Funding gap−0.0054% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.130% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0054% /8h now · no funding history yet
Price—spread −0.130% now · no price history on both exchanges yet
Costsno datano order book for Phoenix and AZverse
Result, before costs—no pointsneeds funding history
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−0.130%
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 Phoenix and AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Phoenix 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: −$1.63Long Phoenix: 24 payments, −$3.73; short AZverse: 24 payments, +$2.10.
- Note: No 7-day spread history−0.130%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$16K vs $561K OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPhoenix No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$11.40
Price spread−0.130% → 0−$13.02
Slippage, 4 ordersno data for Phoenix and AZverse—
Fee Phoenix bp × 2 orders−$7.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$43.42
Costs to cover0.190%Break-evennever at this rate
Slippage: Phoenix: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Phoenix and AZverse: no data.
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