Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.9156 | +0.0033 | pay 0.0004% / 1h | 7m 09s | $477 | $264K | 10x | Long Injective | |
| SHORT | 0.9160 | −0.0077 | pay 0.0010% / 1h | 7m 09s | $100K | $89K | — | Short AZverse |
Price gap+0.043%
Funding gap−0.0110% /8h
Funding costs $3 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−$4−0.0110% /8h now · paid −0.035% over the last 21 hours (all we have)
Price+$1spread +0.043% now, avg +0.029% → +0.014% if it goes back
Costsno datano order book for Injective and AZverse
Result, before costs−$2−0.02%no pointscosts unknown: no order book for Injective and 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+0.043%
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
/8hFIL on 31 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for Injective and AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Injective 10x, 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: −$3.31Long Injective: 24 payments, −$1.00; short AZverse: 24 payments, −$2.31.
- Note: Gap at its usual level+0.043% vs +0.029%The price leg adds little either way.
- Watch: Long leg is thinner$477 vs $100K OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legInjective No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0134%/8h × 21 periods−$28.22
Price spread+0.043% → +0.029% (7d avg)+$1.42
Slippage, 4 ordersno data for Injective and AZverse—
Fee Injective bp × 2 orders−$0.02
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$38.82
Costs to cover0.120%Break-evennever at this rate
Slippage: Injective: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGInjective—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Injective and AZverse: no data.
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