Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.378 | +0.0094 | pay 0.0012% / 1h | 26m 58s | $166K | $12K | — | Long AZverse | |
| SHORT | 11.375 | +0.0100 | get 0.0013% / 1h | 26m 58s | $54.1M | $5.7M | 10x | Short Hyperliquid4% off |
Price gap−0.026%
Funding gap+0.0006% /8h
Funding is ≈ 0 and the gap is 0.038% under its 7d average: the price leg works against you, −$4 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0006% /8h now · paid +0.008% over the last 20 hours (all we have)
Price−$4spread −0.026% now, avg +0.011% → −0.038% if it goes back
Costsno datano order book for AZverse
Result, before costs−$3−0.03%+ Points / potential airdropHyperliquid: Season 2 · farm boardcosts 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−0.026%
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
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Hyperliquid 10x. 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: +$0.17Long AZverse: 24 payments, −$2.83; short Hyperliquid: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.026% vs +0.011%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 $54.1M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legAZverse No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0032%/8h × 21 periods+$6.64
Price spread−0.026% → +0.011% (7d avg)−$3.78
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Hyperliquid bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$18.13
Costs to cover0.210%Break-even26.1 days
Slippage: AZverse: no order-book sample; Hyperliquid: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTHyperliquid0.448.0 bp−$811.3 bp−$11331.4 bp−$3,143127.4 bp−$63.7K
Closing costs about the same again.
AZverse: no data.
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