Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,347.5 | +0.0096 | pay 0.0012% / 1h | 44m 10s | $4.6M | $31.6M | 100x | Long Popdex | |
| SHORT | 2,347.5 | +0.0034 | get 0.0004% / 1h | 44m 10s | $13.5M | $24.4M | — | Short AZverse |
Price gap−0.001%
Funding gap−0.0062% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0062% /8h now · paid −0.012% over the last 19 hours (all we have)
Price$0spread −0.001% now, avg −0.004% → +0.003% 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−0.001%
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 · 0 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$100 + —Popdex 100x, 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: −$1.85Long Popdex: 24 payments, −$2.88; short AZverse: 24 payments, +$1.03.
- Note: Gap at its usual level−0.001% vs −0.004%The price leg adds little either way.
- Note: Long leg is thinner$4.6M vs $13.5M OIBoth legs are deep; Popdex is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPopdex No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0048%/8h × 21 periods−$10.07
Price spread−0.001% → −0.004% (7d avg)+$0.27
Slippage, 4 ordersno data for AZverse—
Fee Popdex bp × 2 orders−$6.40
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$28.21
Costs to cover0.184%Break-evennever at this rate
Slippage: Popdex: live order book, 1 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.214.2 bp−$44.6 bp−$465.3 bp−$5337.1 bp−$3,572
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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