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 19s | $13.5M | $24.1M | — | Long AZverse | |
| SHORT | 2,350 | +0.0096 | get 0.0012% / 1h | 25m 19s | $18.3M | $44.3M | 50x | Short Lighter RH+10% pts |
Price gap+0.020%
Funding gap+0.0062% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.023% above its 7d average: +$2 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0062% /8h now · paid −0.001% over the last 19 hours (all we have)
Price+$2spread +0.020% now, avg −0.004% → +0.023% if it goes back
Costsno datano order book for AZverse
Result, before costs+$2+0.02%+ Points / potential airdropLighter RH: Points live · 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+0.020%
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
4 ok · 0 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $200AZverse —, Lighter RH 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: +$1.85Long AZverse: 24 payments, −$1.03; short Lighter RH: 24 payments, +$2.88.
- OK: Entry gap works for you+0.020% vs −0.004%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$13.5M vs $18.3M OIBoth legs are deep; AZverse is the smaller one.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Lighter RH NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0005%/8h × 21 periods−$1.14
Price spread+0.020% → −0.004% (7d avg)+$2.33
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Lighter RH bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$10.80
Costs to cover0.120%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Lighter RH: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTLighter RH0.831.0 bp−$11.1 bp−$111.8 bp−$175doesn’t fit
Closing costs about the same again.
AZverse: no data.
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