Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004851 | +0.0100 | pay 0.0100% / 8h | 5h 44m | $402K | $805K | 10x | Long GRVT | |
| SHORT | 0.000004850 | +0.0042 | get 0.0005% / 1h | 44m 14s | $103K | $36K | — | Short AZverse |
Price gap−0.029%61s
Funding gap−0.0058% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.035% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0058% /8h now · paid −0.024% over the last 22 hours (all we have)
Price—spread −0.029%61s now · prices read too far apart to compare
Costsno datano order book for AZverse
Result, before costs—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together
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−0.029%
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
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —GRVT 10x, 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: −$1.73Long GRVT: 3 payments, −$3.00; short AZverse: 24 payments, +$1.27.
- Watch: Prices read 61 s apart−0.029% vs +0.006%Part of this gap may be the market moving.
- Watch: Short leg is thinner$103K vs $402K OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legGRVT No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0085%/8h × 21 periods−$17.88
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for AZverse—
Fee GRVT bp × 2 orders−$9.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$38.88
price spread not counted: prices read too far apartCosts to cover0.210%Break-evennever at this rate
Slippage: GRVT: live order book, 45 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT3.118.8 bp−$917.4 bp−$174doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
dYdX
Phoenix