Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG3.2552+0.0035pay 0.0004% / 1h22m 16s$366K$25K—Long AZverse
SHORT3.2589−0.0074pay 0.0009% / 1h22m 16s$161K$45K5xShort Phoenix
Price gap+0.114%60s
Funding gap−0.0109% /8h

The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 41 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$5−0.0109% /8h now · paid −0.047% over the last 19 hours (all we have)
Price—spread +0.114%60s 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 · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.114%
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

/8h

LIT on 47 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for AZverse: its slippage is not counted.
  • Note: Margin at max leverage— + $2,000
    AZverse —, Phoenix 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$3.28Long AZverse: 24 payments, −$1.04; short Phoenix: 24 payments, −$2.23.
  • Watch: Prices read 60 s apart+0.114% vs +0.058%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$161K vs $366K OI
    Phoenix 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 · Phoenix No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0200%/8h × 21 periods−$42.05
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k−$61.05
price spread not counted: prices read too far apart
Costs to cover0.190%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Phoenix: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAZverse—————
SELL · SHORTPhoenix3.0919.8 bp−$2057.3 bp−$573doesn’t fitdoesn’t fit

Closing costs about the same again.
AZverse: no data.

Alert

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