Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1687 | +0.0100 | pay 0.0050% / 4h | 2h 52m | $2.7M | $682K | 20x | Long Gate | |
| SHORT | 0.1686 | +0.0040 | get 0.0005% / 1h | 52m 42s | $107K | $113K | — | Short AZverse |
Price gap−0.041%
Funding gap−0.0060% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0060% /8h now · paid −0.016% over the last 17 hours (all we have)
Price−$1spread −0.041% now, avg −0.034% → −0.007% if it goes back
Costsno datano order book for AZverse
Result, before costs−$2−0.02%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−0.041%
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 · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$500 + —Gate 20x, 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: −$1.80Long Gate: 6 payments, −$3.00; short AZverse: 24 payments, +$1.20.
- Note: Gap at its usual level−0.041% vs −0.034%The price leg adds little either way.
- Watch: Short leg is thinner$107K vs $2.7M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · AZverse NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0073%/8h × 21 periods−$15.42
Price spread−0.041% → −0.034% (7d avg)−$0.73
Slippage, 4 ordersno data for AZverse—
Fee Gate bp × 2 orders−$15.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$43.15
Costs to cover0.270%Break-evennever at this rate
Slippage: Gate: live order book, 6 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGate2.96205.9 bp−$206doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.

Phemex