Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1678 | +0.0069 | pay 0.0034% / 4h | 1h 22m | $21K | $174K | 5x | Long Aster≤10% back | |
| SHORT | 0.1675 | +0.0050 | get 0.0006% / 1h | 22m 36s | $106K | $114K | — | Short AZverse |
Price gap−0.167%
Funding gap−0.0019% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.153% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0019% /8h now · paid 0.000% over the last 19 hours (all we have)
Price−$15spread −0.167% now, avg −0.014% → −0.153% if it goes back
Costsno datano order book for AZverse
Result, before costs−$15−0.15%+ Points / potential airdropAster: Stage 5 · 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−0.167%
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
/8hLSK on 10 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$2,000 + —Aster 5x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.56Long Aster: 6 payments, −$2.06; short AZverse: 24 payments, +$1.50.
- Watch: Gap narrower than usual−0.167% vs −0.014%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$21K vs $106K OIAster sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legAster No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0001%/8h × 21 periods−$0.24
Price spread−0.167% → −0.014% (7d avg)−$15.31
Slippage, 4 ordersno data for AZverse—
Fee Aster bp × 2 orders−$8.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$35.55
Costs to cover0.200%Break-evennever at this rate
Slippage: Aster: live order book, 41 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAster5.6628.1 bp−$28doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.

Phemex