Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1698 | +0.0040 | pay 0.0005% / 1h | 25m 53s | $103K | $35K | — | Long AZverse | |
| SHORT | 0.1699 | +0.0100 | get 0.0013% / 1h | 25m 53s | $12.0M | $2.4M | 5x | Short Hyperliquid4% off |
Price gap+0.006%
Funding gap+0.0060% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.023% above its 7d average: +$2 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0060% /8h now · paid −0.014% over the last 20 hours (all we have)
Price+$2spread +0.006% now, avg −0.017% → +0.023% if it goes back
Costsno datano order book for AZverse
Result, before costs+$1+0.01%+ 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
Now+0.006%
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
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $2,000AZverse —, Hyperliquid 5x. 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 Hyperliquid: 24 payments, +$3.00.
- OK: Entry gap works for you+0.006% vs −0.017%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$103K vs $12.0M 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 legAZverse No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0057%/8h × 21 periods−$11.89
Price spread+0.006% → −0.017% (7d avg)+$2.26
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Hyperliquid bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$30.63
Costs to cover0.210%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Hyperliquid: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTHyperliquid0.297.9 bp−$813.9 bp−$13982.4 bp−$8,240doesn’t fit
Closing costs about the same again.
AZverse: no data.
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