Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004847 | +0.0100 | pay 0.0100% / 8h | 7h 25m | $238K | $476K | 75x | Long HTX | |
| SHORT | 0.000004846 | +0.0041 | get 0.0005% / 1h | 25m 20s | $103K | $36K | — | Short AZverse |
Price gap−0.021%
Funding gap−0.0059% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 2.0 days. At the last 7 days' pace that is about 11 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7−0.0059% /8h now · paid −0.067% over the last 21 hours (all we have)
Price+$4spread −0.021% now, avg −0.057% → +0.036% if it goes back
Costsno datano order book for AZverse
Result, before costs−$3−0.03%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
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 + —HTX 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: −$1.77Long HTX: 3 payments, −$3.00; short AZverse: 24 payments, +$1.23.
- OK: Entry gap works for you−0.021% vs −0.057%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$103K vs $238K OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCHTX Limited · AZverse NoNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0260%/8h × 21 periods−$54.52
Price spread−0.021% → −0.057% (7d avg)+$3.64
Slippage, 4 ordersno data for AZverse—
Fee HTX bp × 2 orders−$12.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$74.89
Costs to cover0.240%Break-evennever at this rate
Slippage: HTX: live order book, 9 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHTX5.1420.9 bp−$21102.0 bp−$1,020doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
dYdX
Phoenix