Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004324 | −0.0037 | get 0.0005% / 1h | 16m 16s | $50K | $14K | 10x | Long Phoenix | |
| SHORT | 0.000004321 | −0.0046 | pay 0.0006% / 1h | 16m 16s | $170K | $36K | — | Short AZverse |
Price gap−0.079%60s
Funding gap−0.0009% /8h
Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 0.079% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0009% /8h now · no funding history yet
Price—spread −0.079%60s now · prices read too far apart to compare
Costsno datano order book for Phoenix and AZverse
Result, before costs—no pointsneeds funding history
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−0.079%
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
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Phoenix and AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Phoenix 10x, 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: −$0.27Long Phoenix: 24 payments, +$1.10; short AZverse: 24 payments, −$1.38.
- Watch: Prices read 60 s apart−0.079% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$50K vs $170K OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPhoenix No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$1.92
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Phoenix and AZverse—
Fee Phoenix bp × 2 orders−$7.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$20.92
price spread not counted: prices read too far apartCosts to cover0.190%Break-evennever at this rate
Slippage: Phoenix: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Phoenix and AZverse: no data.
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