Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.4451 | +0.0387 | pay 0.0048% / 1h | 15m 29s | $1.7M | $1.1M | 20x | Long Backpack | |
| SHORT | 4.4434 | −0.0026 | pay 0.0003% / 1h | 15m 29s | $284K | $489K | — | Short AZverse |
Price gap−0.038%
Funding gap−0.0413% /8h
Both sides work against this direction now: funding costs $12 a day on $10k and the gap is 0.034% 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−$5−0.0413% /8h now · paid −0.047% over the last 1 day (all we have)
Price−$3spread −0.038% now, avg −0.004% → −0.034% if it goes back
Costsno datano order book for AZverse
Result, before costs−$8−0.08%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−0.038%
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
/8hNEAR on 50 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$500 + —Backpack 20x, 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: −$12.39Long Backpack: 24 payments, −$11.62; short AZverse: 24 payments, −$0.77.
- Watch: Gap narrower than usual−0.038% vs −0.004%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$284K vs $1.7M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBackpack Yes · AZverse NoKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0141%/8h × 21 periods−$29.64
Price spread−0.038% → −0.004% (7d avg)−$3.41
Slippage, 4 ordersno data for AZverse—
Fee Backpack bp × 2 orders−$10.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$55.05
Costs to cover0.220%Break-evennever at this rate
Slippage: Backpack: live order book, 3 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack0.1110.1 bp−$1014.1 bp−$141doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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