Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1680 | +0.0050 | pay 0.0006% / 1h | 4m 34s | $107K | $114K | — | Long AZverse | |
| SHORT | 0.1679 | −0.0010 | pay 0.0005% / 4h | 2h 04m | $12.8M | $800K | 20x | Short MEXC |
Price gap−0.077%
Funding gap−0.0060% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.052% 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$0−0.0060% /8h now · paid −0.003% over the last 18 hours (all we have)
Price−$5spread −0.077% now, avg −0.026% → −0.052% if it goes back
Costsno datano order book for AZverse
Result, before costs−$5−0.05%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−0.077%
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
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.80Long AZverse: 24 payments, −$1.50; short MEXC: 6 payments, −$0.30.
- Watch: Gap narrower than usual−0.077% vs −0.026%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$107K vs $12.8M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · MEXC YesKYC before trading since Feb 2026; unverified accounts see market data only.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0014%/8h × 21 periods−$2.97
Price spread−0.077% → −0.026% (7d avg)−$5.16
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee MEXC bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$20.13
Costs to cover0.120%Break-evennever at this rate
Slippage: AZverse: no order-book sample; MEXC: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTMEXC0.303.0 bp−$333.8 bp−$338104.8 bp−$10.5K494.8 bp−$247.4K
Closing costs about the same again.
AZverse: no data.

Phemex