Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1689 | +0.0072 | pay 0.0036% / 4h | 2h 46m | $819K | $2.4M | 10x | Long Bitget | |
| SHORT | 0.1690 | +0.0040 | get 0.0005% / 1h | 46m 29s | $107K | $114K | — | Short AZverse |
Price gap+0.077%
Funding gap−0.0032% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 4.2 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0032% /8h now · paid −0.004% over the last 17 hours (all we have)
Price+$4spread +0.077% now, avg +0.037% → +0.040% if it goes back
Costsno datano order book for AZverse
Result, before costs+$4+0.04%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
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Bitget 10x, 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: −$0.96Long Bitget: 6 payments, −$2.16; short AZverse: 24 payments, +$1.20.
- OK: Entry gap works for you+0.077% vs +0.037%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$107K vs $819K OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBitget Yes · AZverse NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0019%/8h × 21 periods−$4.03
Price spread+0.077% → +0.037% (7d avg)+$4.00
Slippage, 4 ordersno data for AZverse—
Fee Bitget bp × 2 orders−$12.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$24.04
Costs to cover0.240%Break-evennever at this rate
Slippage: Bitget: live order book, just now; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBitget2.9623.6 bp−$2481.9 bp−$819doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.

Phemex