Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,349.5 | +0.0034 | pay 0.0004% / 1h | 25m 23s | $13.5M | $24.1M | — | Long AZverse | |
| SHORT | 2,347.9 | +0.0100 | get 0.0100% / 8h | 1h 25m | $420K | $6.3M | 50x | Short Katana Perps |
Price gap−0.069%
Funding gap+0.0065% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.027% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0065% /8h now · paid +0.010% over the last 19 hours (all we have)
Price+$3spread −0.069% now, avg −0.096% → +0.027% if it goes back
Costsno datano order book for AZverse and Katana Perps
Result, before costs+$4+0.04%no pointscosts unknown: no order book for AZverse and Katana Perps · 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−0.069%
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
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse and Katana Perps: its slippage is not counted.
- Note: Margin at max leverage— + $200AZverse —, Katana Perps 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.96Long AZverse: 24 payments, −$1.03; short Katana Perps: 3 payments, +$2.99.
- OK: Entry gap works for you−0.069% vs −0.096%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$420K vs $13.5M OIKatana Perps sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAZverse No · Katana Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0043%/8h × 21 periods+$9.00
Price spread−0.069% → −0.096% (7d avg)+$2.66
Slippage, 4 ordersno data for AZverse and Katana Perps—
Fee AZverse bp × 2 orders−$12.00
Fee Katana Perps bp × 2 orders−$3.80
Net, fees only · 7 days · $10k−$4.14
Costs to cover0.158%Break-even10.2 days
Slippage: AZverse: no order-book sample; Katana Perps: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTKatana Perps—————
Closing costs about the same again.
AZverse and Katana Perps: no data.
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