Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004879 | +0.0060 | pay 0.0008% / 1h | 56m 33s | $104K | $36K | — | Long AZverse | |
| SHORT | 0.000004881 | +0.0096 | get 0.0012% / 1h | 56m 33s | $130K | $63K | 10x | Short Lighter7d free |
Price gap+0.041%
Funding gap+0.0036% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.051% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0036% /8h now · paid +0.018% over the last 20 hours (all we have)
Price+$5spread +0.041% now, avg −0.010% → +0.051% if it goes back
Costsno datano order book for AZverse
Result, before costs+$7+0.07%+ Points / potential airdropLighter: Season 3 · 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+0.041%
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
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Lighter 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: +$1.07Long AZverse: 24 payments, −$1.81; short Lighter: 24 payments, +$2.88.
- OK: Entry gap works for you+0.041% vs −0.010%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$104K vs $130K OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legAZverse No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0073%/8h × 21 periods+$15.37
Price spread+0.041% → −0.010% (7d avg)+$5.06
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Lighter bp × 2 orders$0.00
Net, fees only · 7 days · $10k+$8.43
Costs to cover0.120%Break-even3.2 days
Slippage: AZverse: no order-book sample; Lighter: live order book, 25 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTLighter3.078.8 bp−$959.2 bp−$592doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
dYdX
Phoenix