Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 56.356 | L +0.0097S +0.0069 | pay 0.0012% / 1h | 43m 44s | $104K | $77K | 100x | Long GMX5% off | |
| SHORT | 56.410 | +0.0038 | get 0.0005% / 1h | 43m 44s | $110K | $72K | — | Short AZverse |
Price gap+0.095%
Funding gap−0.0059% /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−$5−0.0059% /8h now · paid −0.055% over the last 19 hours (all we have)
Price+$1spread +0.095% now, avg +0.081% → +0.015% if it goes back
Costsno datano order book for GMX and AZverse
Result, before costs−$4−0.04%no pointscosts unknown: no order book for GMX and AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.095%
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
/8hLTC on 40 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for GMX and AZverse: its slippage is not counted.
- Note: Margin at max leverage$100 + —GMX 100x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.76Long GMX: 24 payments, −$2.91; short AZverse: 24 payments, +$1.15.
- Note: Gap at its usual level+0.095% vs +0.081%The price leg adds little either way.
- Watch: Long leg is thinner$104K vs $110K OIGMX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legGMX No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0228%/8h × 21 periods−$47.78
Price spread+0.095% → +0.081% (7d avg)+$1.46
Slippage, 4 ordersno data for GMX and AZverse—
Fee GMX bp × 2 orders−$12.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$70.32
Costs to cover0.240%Break-evennever at this rate
Slippage: GMX: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGMX—————
SELL · SHORTAZverse—————
Closing costs about the same again.
GMX and AZverse: no data.
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