Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 101.61 | +0.0066 | pay 0.0008% / 1h | 25m 13s | $2.9M | $671K | — | Long AZverse | |
| SHORT | 101.59 | +0.0056 | get 0.0007% / 1h | 25m 13s | $86K | $110K | 20x | Short Hibachi |
Price gap−0.022%
Funding gap−0.0010% /8h
Funding costs $0 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+$1−0.0010% /8h now · paid +0.011% over the last 20 hours (all we have)
Price−$2spread −0.022% now, avg −0.006% → −0.016% if it goes back
Costsno datano order book for AZverse
Result, before costs−$1−0.01%+ Points / potential airdropHibachi: points · 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
Now−0.022%
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
/8hSOL on 56 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— + $500AZverse —, Hibachi 20x. 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: −$0.29Long AZverse: 24 payments, −$1.97; short Hibachi: 24 payments, +$1.68.
- Note: Gap at its usual level−0.022% vs −0.006%The price leg adds little either way.
- Watch: Short leg is thinner$86K vs $2.9M OIHibachi sets your exit cost. Check its book before closing.
- OK: Points on a legHibachi pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Hibachi NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0044%/8h × 21 periods+$9.19
Price spread−0.022% → −0.006% (7d avg)−$1.59
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Hibachi bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$13.40
Costs to cover0.210%Break-even17.2 days
Slippage: AZverse: no order-book sample; Hibachi: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTHibachi0.155.2 bp−$510.7 bp−$107doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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