Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1677 | +0.0100 | pay 0.0013% / 1h | 40m 44s | $93K | $100K | 20x | Long Backpack | |
| SHORT | 0.1678 | +0.0040 | get 0.0005% / 1h | 40m 44s | $102K | $35K | — | Short AZverse |
Price gap+0.089%
Funding gap−0.0060% /8h
The gap pays +$9 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 5.0 days.
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 +0.089% 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+0.089%
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$500 + —Backpack 20x, 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: −$1.80Long Backpack: 24 payments, −$3.00; short AZverse: 24 payments, +$1.20.
- Note: No 7-day spread history+0.089%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$93K vs $102K OIBackpack sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBackpack Yes · AZverse NoKYC (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+0.089% → 0+$8.95
Slippage, 4 ordersno data for AZverse—
Fee Backpack bp × 2 orders−$10.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$25.65
Costs to cover0.220%Break-evennever at this rate
Slippage: Backpack: live order book, 44 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack0.306.4 bp−$6doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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