Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.384 | +0.0100 | pay 0.0013% / 1h | 46m 47s | $217K | $120K | 15x | Long Backpack | |
| SHORT | 11.393 | +0.0069 | get 0.0009% / 1h | 46m 47s | $166K | $12K | — | Short AZverse |
Price gap+0.079%58s
Funding gap−0.0031% /8h
Funding costs $1 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−$1−0.0031% /8h now · paid −0.012% over the last 20 hours (all we have)
Price—spread +0.079%58s now · prices read too far apart to compare
Costsno datano order book for AZverse
Result, before costs—no pointsneeds both prices read together
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+0.079%
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
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$667 + —Backpack 15x, 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: −$0.93Long Backpack: 24 payments, −$3.00; short AZverse: 24 payments, +$2.07.
- Watch: Prices read 58 s apart+0.079% vs +0.076%Part of this gap may be the market moving.
- Watch: Short leg is thinner$166K vs $217K OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBackpack Yes · AZverse NoKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0049%/8h × 21 periods−$10.19
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for AZverse—
Fee Backpack bp × 2 orders−$10.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$32.19
price spread not counted: prices read too far apartCosts to cover0.220%Break-evennever at this rate
Slippage: Backpack: live order book, 52 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack0.446.5 bp−$7doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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