Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1926 | −0.1606 | get 0.0201% / 1h | 55m 30s | $125K | $56K | — | Long AZverse | |
| SHORT | 0.1894 | +0.0100 | get 0.0050% / 4h | 3h 55m | $145K | $256K | 50x | Short Variational Omni+15% pts |
Price gap−1.657%
Funding gap+0.1706% /8h
Funding pays +$51 a day on $10k, but the gap is 1.619% under its 7d average: −$162 if it goes back, about 3.2 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.1706% /8h now · paid −0.006% over the last 6 days (all we have)
Price−$162spread −1.657% now, avg −0.038% → −1.619% if it goes back
Costsno datano order book for AZverse
Result, before costs−$162−1.62%+ Points / potential airdropVariational Omni: points · farm boardcosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 6 days it paid −0.006% in total, about −0.0004%/8h on average.
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−1.657%
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— + $200AZverse —, Variational Omni 50x. 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: +$51.18Long AZverse: 24 payments, +$48.18; short Variational Omni: 6 payments, +$3.00.
- Watch: Gap narrower than usual−1.657% vs −0.038%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$125K vs $145K OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0004%/8h × 21 periods−$0.80
Price spread−1.657% → −0.038% (7d avg)−$161.86
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$174.66
Costs to cover0.120%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Variational Omni: RFQ quote, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTVariational Omni7.88157.5 bp−$158296.7 bp−$2,967doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
Phemex