Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,362.8 | +0.0100 | pay 0.0013% / 1h | 25m 26s | $2.8M | $3.8M | 25x | Long Bulk | |
| SHORT | 2,362.9 | +0.0032 | get 0.0004% / 1h | 25m 26s | $13.6M | $23.1M | — | Short AZverse |
Price gap+0.005%
Funding gap−0.0068% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.135% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0068% /8h now · paid −0.003% over the last 16 hours (all we have)
Price−$13spread +0.005% now, avg +0.140% → −0.135% if it goes back
Costsno datano order book for AZverse
Result, before costs−$14−0.14%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+0.005%
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 · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$400 + —Bulk 25x, AZverse —. 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: −$2.04Long Bulk: 24 payments, −$3.00; short AZverse: 24 payments, +$0.96.
- Watch: Gap narrower than usual+0.005% vs +0.140%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Long leg is thinner$2.8M vs $13.6M OIBoth legs are deep; Bulk is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legBulk No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0014%/8h × 21 periods−$2.97
Price spread+0.005% → +0.140% (7d avg)−$13.49
Slippage, 4 ordersno data for AZverse—
Fee Bulk bp × 2 orders−$7.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$35.47
Costs to cover0.190%Break-evennever at this rate
Slippage: Bulk: live order book, 4 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBulk0.003.5 bp−$43.8 bp−$387.0 bp−$696doesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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