Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004877 | +0.0100 | pay 0.0013% / 1h | 46m 36s | $2.8M | $376K | 10x | Long Hyperliquid4% off | |
| SHORT | 0.000004877 | +0.0059 | get 0.0007% / 1h | 46m 36s | $103K | $36K | — | Short AZverse |
Price gap0.000%
Funding gap−0.0041% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0041% /8h now · paid −0.015% over the last 20 hours (all we have)
Price−$1spread 0.000% now, avg +0.007% → −0.007% if it goes back
Costsno datano order book for AZverse
Result, before costs−$2−0.02%+ Points / potential airdropHyperliquid: Season 2 · farm boardcosts 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
Now0.000%
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
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Hyperliquid 10x, 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: −$1.23Long Hyperliquid: 24 payments, −$3.00; short AZverse: 24 payments, +$1.77.
- Note: Gap at its usual level0.000% vs +0.007%The price leg adds little either way.
- Watch: Short leg is thinner$103K vs $2.8M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0061%/8h × 21 periods−$12.82
Price spread0.000% → +0.007% (7d avg)−$0.71
Slippage, 4 ordersno data for AZverse—
Fee Hyperliquid bp × 2 orders−$9.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$34.53
Costs to cover0.210%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 5 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid1.027.6 bp−$810.4 bp−$104168.1 bp−$16.8Kdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
dYdX
Phoenix