Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004847 | +0.0041 | pay 0.0041% / 8h | 5h 58m | $20.1M | $23.1M | 75x | Long Binance | |
| SHORT | 0.000004849 | +0.0045 | get 0.0006% / 1h | 58m 12s | $103K | $36K | — | Short AZverse |
Price gap+0.041%
Funding gap+0.0003% /8h
Funding is ≈ 0, so this is a price-spread trade: +$6 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+0.0003% /8h now · paid −0.009% over the last 22 hours (all we have)
Price+$6spread +0.041% now, avg −0.020% → +0.062% if it goes back
Costsno datano order book for AZverse
Result, before costs+$5+0.05%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+0.041%
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
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$133 + —Binance 75x, 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: +$0.10Long Binance: 3 payments, −$1.24; short AZverse: 24 payments, +$1.34.
- OK: Entry gap works for you+0.041% vs −0.020%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$103K vs $20.1M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · AZverse NoVerified 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−0.0032%/8h × 21 periods−$6.78
Price spread+0.041% → −0.020% (7d avg)+$6.17
Slippage, 4 ordersno data for AZverse—
Fee Binance bp × 2 orders−$10.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$22.61
Costs to cover0.220%Break-evennever at this rate
Slippage: Binance: live order book, 5 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.038.2 bp−$814.2 bp−$14248.7 bp−$4,869178.9 bp−$89.4K
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
dYdX
Phoenix