Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.1893 | −0.0026 | get 0.0003% / 1h | 32m 58s | $360K | $25K | — | Long AZverse | |
| SHORT | 3.1875 | −0.0304 | pay 0.0038% / 1h | 32m 58s | $464K | $78K | 5x | Short Backpack |
Price gap−0.056%
Funding gap−0.0278% /8h
Funding costs $8 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−$9−0.0278% /8h now · paid −0.089% over the last 22 hours (all we have)
Price−$2spread −0.056% now, avg −0.040% → −0.016% if it goes back
Costsno datano order book for AZverse
Result, before costs−$11−0.11%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−0.056%
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
/8hLIT on 47 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $2,000AZverse —, Backpack 5x. 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: −$8.33Long AZverse: 24 payments, +$0.78; short Backpack: 24 payments, −$9.12.
- Note: Gap at its usual level−0.056% vs −0.040%The price leg adds little either way.
- Watch: Long leg is thinner$360K vs $464K OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Backpack YesKYC (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−0.0317%/8h × 21 periods−$66.65
Price spread−0.056% → −0.040% (7d avg)−$1.64
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Backpack bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$90.28
Costs to cover0.220%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Backpack: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBackpack0.169.2 bp−$935.9 bp−$359doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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