Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.7437 | L +0.0180S −0.0163 | pay 0.0023% / 1h | 38m 39s | $89K | $403K | 60x | Long GMX5% off | |
| SHORT | 6.7460 | +0.0003 | 0.0000% / 1h | 38m 39s | $225K | $31K | — | Short AZverse |
Price gap+0.034%
Funding gap−0.0178% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.036% 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−$5−0.0178% /8h now · paid −0.052% over the last 20 hours (all we have)
Price−$4spread +0.034% now, avg +0.069% → −0.036% if it goes back
Costsno datano order book for GMX and AZverse
Result, before costs−$9−0.09%no pointscosts unknown: no order book for GMX and AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.034%
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
/8hUNI on 46 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for GMX and AZverse: its slippage is not counted.
- Note: Margin at max leverage$167 + —GMX 60x, 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: −$5.33Long GMX: 24 payments, −$5.41; short AZverse: 24 payments, +$0.08.
- Watch: Gap narrower than usual+0.034% vs +0.069%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$89K vs $225K OIGMX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legGMX No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0203%/8h × 21 periods−$42.61
Price spread+0.034% → +0.069% (7d avg)−$3.57
Slippage, 4 ordersno data for GMX and AZverse—
Fee GMX bp × 2 orders−$12.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$70.18
Costs to cover0.240%Break-evennever at this rate
Slippage: GMX: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGMX—————
SELL · SHORTAZverse—————
Closing costs about the same again.
GMX and AZverse: no data.
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