Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.331 | +0.0075 | pay 0.0009% / 1h | 7m 58s | $166K | $12K | — | Long AZverse | |
| SHORT | 11.320 | L +0.0178S −0.0118 | get 0.0015% / 1h | 7m 58s | $1.3M | $442K | 100x | Short GMX5% off |
Price gap−0.097%
Funding gap+0.0043% /8h
Funding pays +$1 a day on $10k, but the gap is 0.025% under its 7d average: −$2 if it goes back, about 46 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0043% /8h now · paid +0.016% over the last 21 hours (all we have)
Price−$2spread −0.097% now, avg −0.072% → −0.025% if it goes back
Costsno datano order book for AZverse and GMX
Result, before costs−$1−0.01%no pointscosts unknown: no order book for AZverse and GMX · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.097%
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
/8hLINK on 43 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse and GMX: its slippage is not counted.
- Note: Margin at max leverage— + $100AZverse —, GMX 100x. 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: +$1.29Long AZverse: 24 payments, −$2.26; short GMX: 24 payments, +$3.55.
- Watch: Gap narrower than usual−0.097% vs −0.072%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$166K vs $1.3M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAZverse No · GMX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0060%/8h × 21 periods+$12.52
Price spread−0.097% → −0.072% (7d avg)−$2.46
Slippage, 4 ordersno data for AZverse and GMX—
Fee AZverse bp × 2 orders−$12.00
Fee GMX bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$13.93
Costs to cover0.240%Break-even14.8 days
Slippage: AZverse: no order-book sample; GMX: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTGMX—————
Closing costs about the same again.
AZverse and GMX: no data.
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