Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,344.1 | +0.0027 | pay 0.0003% / 1h | 46m 37s | $1.1M | $1.1M | 25x | Long Phoenix | |
| SHORT | 2,343 | +0.0040 | get 0.0005% / 1h | 46m 37s | $13.5M | $24.8M | — | Short AZverse |
Price gap−0.047%60s
Funding gap+0.0013% /8h
Funding trade: $0 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+0.0013% /8h now · paid +0.012% over the last 20 hours (all we have)
Price—spread −0.047%60s now · prices read too far apart to compare
Costsno datano order book for AZverse
Result, before costs—no pointsneeds both prices read together
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−0.047%
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: its slippage is not counted.
- Note: Margin at max leverage$400 + —Phoenix 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: +$0.38Long Phoenix: 24 payments, −$0.82; short AZverse: 24 payments, +$1.20.
- Watch: Prices read 60 s apart−0.047% vs −0.042%Part of this gap may be the market moving.
- Watch: Long leg is thinner$1.1M vs $13.5M OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPhoenix No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0046%/8h × 21 periods+$9.57
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for AZverse—
Fee Phoenix bp × 2 orders−$7.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$9.43
price spread not counted: prices read too far apartCosts to cover0.190%Break-even13.9 days
Slippage: Phoenix: live order book, 2 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix0.213.8 bp−$46.5 bp−$6520.7 bp−$2,071doesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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