Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,345.3 | +0.0035 | pay 0.0004% / 1h | 30m 09s | $13.5M | $24.5M | — | Long AZverse | |
| SHORT | 2,343.6 | +0.0100 | get 0.0013% / 1h | 30m 09s | $12.4M | $12.5M | 50x | Short Backpack |
Price gap−0.074%
Funding gap+0.0065% /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+0.0065% /8h now · paid +0.013% over the last 19 hours (all we have)
Price$0spread −0.074% now, avg −0.071% → −0.003% if it goes back
Costsno datano order book for AZverse
Result, before costs+$1+0.01%no pointscosts 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−0.074%
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
/8hETH on 56 exchanges
lowest funding firstBefore you open
1 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $200AZverse —, Backpack 50x. 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: +$1.96Long AZverse: 24 payments, −$1.04; short Backpack: 24 payments, +$3.00.
- Note: Gap at its usual level−0.074% vs −0.071%The price leg adds little either way.
- Note: Short leg is thinner$12.4M vs $13.5M OIBoth legs are deep; Backpack is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0055%/8h × 21 periods+$11.55
Price spread−0.074% → −0.071% (7d avg)−$0.29
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Backpack bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$10.74
Costs to cover0.220%Break-even13.5 days
Slippage: AZverse: no order-book sample; Backpack: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBackpack0.025.0 bp−$55.1 bp−$518.4 bp−$840doesn’t fit
Closing costs about the same again.
AZverse: no data.
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