Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004380 | −0.0027 | get 0.0003% / 1h | 5m 28s | $173K | $36K | — | Long AZverse | |
| SHORT | 0.000004379 | +0.0055 | get 0.0007% / 1h | 5m 28s | $37.6M | $23.1M | 10x | Short Hyperliquid4% off |
Price gap−0.025%
Funding gap+0.0081% /8h
Funding pays +$2 a day on $10k, but the gap is 0.031% under its 7d average: −$3 if it goes back, about 31 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0081% /8h now · paid +0.034% over the last 20 hours (all we have)
Price−$3spread −0.025% now, avg +0.006% → −0.031% if it goes back
Costsno datano order book for AZverse
Result, before costs$00.00%+ Points / potential airdropHyperliquid: Season 2 · farm boardcosts 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−0.025%
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
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Hyperliquid 10x. 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: +$2.44Long AZverse: 24 payments, +$0.80; short Hyperliquid: 24 payments, +$1.64.
- Watch: Gap narrower than usual−0.025% vs +0.006%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$173K vs $37.6M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legAZverse No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0136%/8h × 21 periods+$28.59
Price spread−0.025% → +0.006% (7d avg)−$3.14
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Hyperliquid bp × 2 orders−$9.00
Net, fees only · 7 days · $10k+$4.45
Costs to cover0.210%Break-even5.9 days
Slippage: AZverse: no order-book sample; Hyperliquid: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTHyperliquid1.147.6 bp−$811.3 bp−$11340.3 bp−$4,031162.1 bp−$81.1K
Closing costs about the same again.
AZverse: no data.
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