Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004365 | +0.0085 | pay 0.0085% / 8h | 24m 19s | $2.2M | $5.1M | 50x | Long Phemex | |
| SHORT | 0.000004365 | −0.0030 | pay 0.0004% / 1h | 24m 19s | $173K | $36K | — | Short AZverse |
Price gap+0.002%
Funding gap−0.0114% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 18 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.0114% /8h now · paid −0.031% over the last 20 hours (all we have)
Price+$3spread +0.002% now, avg −0.023% → +0.025% if it goes back
Costsno datano order book for AZverse
Result, before costs−$1−0.01%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+0.002%
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
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$200 + —Phemex 50x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.43Long Phemex: 3 payments, −$2.54; short AZverse: 24 payments, −$0.89.
- OK: Entry gap works for you+0.002% vs −0.023%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$173K vs $2.2M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · AZverse NoKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0125%/8h × 21 periods−$26.28
Price spread+0.002% → −0.023% (7d avg)+$2.53
Slippage, 4 ordersno data for AZverse—
Fee Phemex bp × 2 orders−$12.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$47.74
Costs to cover0.240%Break-evennever at this rate
Slippage: Phemex: live order book, 5 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex0.3412.7 bp−$1351.3 bp−$513152.3 bp−$15.2Kdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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