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 | 29m 46s | $13.5M | $24.5M | — | Long AZverse | |
| SHORT | 2,345.4 | +0.0062 | get 0.0062% / 8h | 29m 46s | $244.6M | $39.3M | 150x | Short Phemex |
Price gap+0.003%
Funding gap+0.0027% /8h
Funding trade: +$1 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$0+0.0027% /8h now · paid −0.003% over the last 20 hours (all we have)
Price−$1spread +0.003% now, avg +0.009% → −0.005% 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+0.003%
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
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $67AZverse —, Phemex 150x. 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: +$0.81Long AZverse: 24 payments, −$1.04; short Phemex: 3 payments, +$1.86.
- Note: Gap at its usual level+0.003% vs +0.009%The price leg adds little either way.
- Watch: Long leg is thinner$13.5M vs $244.6M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0013%/8h × 21 periods−$2.82
Price spread+0.003% → +0.009% (7d avg)−$0.54
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Phemex bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$27.35
Costs to cover0.240%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Phemex: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPhemex0.026.0 bp−$66.1 bp−$6111.3 bp−$1,13417.8 bp−$8,877
Closing costs about the same again.
AZverse: no data.
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