Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004804 | +0.0067 | pay 0.0008% / 1h | 40m 42s | $102K | $36K | — | Long AZverse | |
| SHORT | 0.000004806 | +0.0060 | get 0.0060% / 8h | 6h 40m | $20.0M | $23.7M | 75x | Short Binance |
Price gap+0.042%
Funding gap−0.0007% /8h
Funding is ≈ 0, so this is a price-spread trade: +$2 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1−0.0007% /8h now · paid +0.009% over the last 21 hours (all we have)
Price+$2spread +0.042% now, avg +0.020% → +0.021% if it goes back
Costsno datano order book for AZverse
Result, before costs+$3+0.03%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+0.042%
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
/8hSHIB on 31 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— + $133AZverse —, Binance 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.21Long AZverse: 24 payments, −$2.02; short Binance: 3 payments, +$1.81.
- OK: Entry gap works for you+0.042% vs +0.020%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$102K vs $20.0M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0033%/8h × 21 periods+$7.01
Price spread+0.042% → +0.020% (7d avg)+$2.12
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Binance bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$12.88
Costs to cover0.220%Break-even19.9 days
Slippage: AZverse: no order-book sample; Binance: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBinance1.036.4 bp−$611.9 bp−$11941.8 bp−$4,185140.3 bp−$70.1K
Closing costs about the same again.
AZverse: no data.
dYdX
Phoenix