Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004839 | +0.0050 | pay 0.0006% / 1h | 5m 49s | $103K | $36K | — | Long AZverse | |
| SHORT | 0.000004840 | +0.0100 | get 0.0100% / 8h | 7h 05m | $2.0M | $1.7M | 50x | Short Phemex |
Price gap+0.021%
Funding gap+0.0050% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0050% /8h now · paid −0.003% over the last 21 hours (all we have)
Price$0spread +0.021% now, avg +0.021% → −0.001% if it goes back
Costsno datano order book for AZverse
Result, before costs$00.00%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+0.021%
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
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $200AZverse —, Phemex 50x. 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: +$1.51Long AZverse: 24 payments, −$1.49; short Phemex: 3 payments, +$3.00.
- Note: Gap at its usual level+0.021% vs +0.021%The price leg adds little either way.
- Watch: Long leg is thinner$103K vs $2.0M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Phemex YesKYC 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−0.0013%/8h × 21 periods−$2.63
Price spread+0.021% → +0.021% (7d avg)−$0.06
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Phemex bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$26.69
Costs to cover0.240%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Phemex: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPhemex1.0312.1 bp−$1249.2 bp−$492doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
dYdX
Phoenix