Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1944 | +0.0100 | pay 0.0050% / 4h | 2h 46m | $3.6M | $2.1M | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.1948 | +0.0064 | get 0.0008% / 1h | 46m 28s | $570K | $419K | — | Short AZverse |
Price gap+0.180%
Funding gap−0.0036% /8h
The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 8.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0036% /8h now · paid −0.013% over the last 17 hours (all we have)
Price+$9spread +0.180% now, avg +0.090% → +0.090% if it goes back
Costsno datano order book for AZverse
Result, before costs+$8+0.08%+ Points / potential airdropVariational Omni: 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+0.180%
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$200 + —Variational Omni 50x, 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: −$1.07Long Variational Omni: 6 payments, −$3.00; short AZverse: 24 payments, +$1.93.
- OK: Entry gap works for you+0.180% vs +0.090%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$570K vs $3.6M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0059%/8h × 21 periods−$12.38
Price spread+0.180% → +0.090% (7d avg)+$9.02
Slippage, 4 ordersno data for AZverse—
Fee Variational Omni bp × 2 orders$0.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$15.36
Costs to cover0.120%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 3 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni5.147.7 bp−$810.3 bp−$103doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
| 10-23 09:05 | Reya | Listing | new market ENARUSDPERP ($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