Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,345.5 | +0.0094 | pay 0.0094% / 8h | 26m 37s | $1.8M | $6.7M | 100x | Long SunX≤10% back | |
| SHORT | 2,344.8 | +0.0035 | get 0.0004% / 1h | 26m 37s | $13.5M | $24.5M | — | Short AZverse |
Price gap−0.030%
Funding gap−0.0060% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.038% 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−$1−0.0060% /8h now · paid −0.010% over the last 20 hours (all we have)
Price−$4spread −0.030% now, avg +0.008% → −0.038% if it goes back
Costsno datano order book for AZverse
Result, before costs−$5−0.05%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−0.030%
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
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$100 + —SunX 100x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.79Long SunX: 3 payments, −$2.83; short AZverse: 24 payments, +$1.04.
- Watch: Gap narrower than usual−0.030% vs +0.008%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1.8M vs $13.5M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSunX No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0039%/8h × 21 periods−$8.29
Price spread−0.030% → +0.008% (7d avg)−$3.80
Slippage, 4 ordersno data for AZverse—
Fee SunX bp × 2 orders−$8.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$32.08
Costs to cover0.200%Break-evennever at this rate
Slippage: SunX: live order book, 3 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGSunX0.755.7 bp−$66.0 bp−$607.0 bp−$69611.6 bp−$5,809
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
| 10-25 02:43 | Injective | Other | $ETH + $SOL + $INJ Stronger Together. Few. @injective on X ↗ |
| 10-23 16:00 | Aster | Listing | BTCUSDC, ETHUSDC, and SOLUSDC perpetuals are now live on Aster. Another step forward with @arc and @circle in expanding @USDC's role in onchain trading. @Aster_DEX on X ↗ |
| 10-23 12:50 | Aster | Listing | new market ETHUSDC ($ETH) seen by our collector |
| 10-23 11:32 | Phemex | Other | When new gas rules can change how contracts handle failed calls, that's no longer a fee tweak. It's a logic change. Pausing Hoodi to test that makes sense. 👇 Does the delay change anything for your $ETH plans?yes/no 🔍 @Phemex_official on X ↗ |
| 10-23 01:12 | Gate | Other | What if your everyday spending could give you more back? With Gate Card, spend $BTC, $ETH, $USDT, and $GT on everything from shopping and dining to travel and subscriptions, and earn up to 8% cashback on eligible purchases. Apple Pay, Google Wallet, WeChat Pay, and Alipay supported. Crypto for everyday life, made simple. Get your Gate Card: @Gate on X ↗ |
| 10-22 14:30 | ApeX Omni | Incident | Crypto headlines on Perp Desk, our bi-weekly update. The wallet behind April’s $295M @DriftFDN exploit sat idle for two months, then pushed 25,700 ETH into @TornadoCash in two hours. It still holds $194M. Drift says @Mandiant traced it to a North Korean group. More below 👇 @OfficialApeXdex on X ↗ |

Injective
Aster
Phemex
Gate
ApeX Omni