Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1688 | +0.0040 | pay 0.0005% / 1h | 58m 40s | $103K | $34K | — | Long AZverse | |
| SHORT | 0.1686 | +0.0100 | get 0.0013% / 1h | 58m 40s | $94K | $93K | 20x | Short Backpack |
Price gap−0.071%
Funding gap+0.0060% /8h
Funding pays +$2 a day on $10k, but the gap is 0.071% under zero (no 7-day history yet): −$7 if it goes back, about 4.0 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0060% /8h now · no funding history yet
Price—spread −0.071% now · no price history on both exchanges yet
Costsno datano order book for AZverse
Result, before costs—no pointsneeds funding history
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−0.071%
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
/8hXLM on 33 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, Backpack 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: +$1.80Long AZverse: 24 payments, −$1.20; short Backpack: 24 payments, +$3.00.
- Note: No 7-day spread history−0.071%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$94K vs $103K OIBackpack sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$12.60
Price spread−0.071% → 0−$7.11
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Backpack bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$16.51
Costs to cover0.220%Break-even16.2 days
Slippage: AZverse: no order-book sample; Backpack: live order book, 86 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBackpack0.305.9 bp−$6doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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