Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004823 | −0.0165 | get 0.0021% / 1h | 18m 12s | $27K | $58K | 25x | Long Deribit | |
| SHORT | 0.000004825 | +0.0057 | get 0.0007% / 1h | 18m 12s | $103K | $36K | — | Short AZverse |
Price gap+0.041%
Funding gap+0.0221% /8h
Both sides work: funding pays +$7 a day on $10k, and the gap is 0.041% above zero (no 7-day history yet): +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0221% /8h now · no funding history yet
Price—spread +0.041% now · no price history on both exchanges yet
Costsno datano order book for Deribit 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+0.041%
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 · 2 to watch- Note: Order book unknown—No order-book sample for Deribit and AZverse: its slippage is not counted.
- Note: Margin at max leverage$400 + —Deribit 25x, 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: +$6.64Long Deribit: 24 payments, +$4.94; short AZverse: 24 payments, +$1.70.
- Note: No 7-day spread history+0.041%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$27K vs $103K OIDeribit sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCDeribit Yes · AZverse NoID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$46.46
Price spread+0.041% → 0+$4.15
Slippage, 4 ordersno data for Deribit and AZverse—
Fee Deribit bp × 2 orders−$7.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$31.61
Costs to cover0.190%Break-even2.2 days
Slippage: Deribit: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGDeribit—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Deribit and AZverse: no data.

Phoenix