Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1942 | +0.0046 | pay 0.0023% / 4h | 57m 46s | $151K | $252K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.1922 | −0.1832 | pay 0.0229% / 1h | 57m 46s | $126K | $56K | — | Short AZverse |
Price gap−0.998%
Funding gap−0.1878% /8h
Both sides work against this direction now: funding costs $56 a day on $10k and the gap is 1.039% 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+$3−0.1878% /8h now · paid +0.029% over the last 5 days (all we have)
Price−$104spread −0.998% now, avg +0.041% → −1.039% if it goes back
Costsno datano order book for AZverse
Result, before costs−$101−1.01%+ 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 below what this pair has been paying: over the last 5 days it paid +0.029% in total, about +0.0018%/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−0.998%
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$200 + —Variational Omni 50x, 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: −$56.35Long Variational Omni: 6 payments, −$1.39; short AZverse: 24 payments, −$54.96.
- Watch: Gap narrower than usual−0.998% vs +0.041%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$126K vs $151K 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 legVariational Omni No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0018%/8h × 21 periods+$3.74
Price spread−0.998% → +0.041% (7d avg)−$103.93
Slippage, 4 ordersno data for AZverse—
Fee Variational Omni bp × 2 orders$0.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$112.19
Costs to cover0.120%Break-even216.9 days
Slippage: Variational Omni: RFQ quote, 40 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni7.6881.9 bp−$82156.1 bp−$1,561doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
Phemex