Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2918 | +0.0048 | pay 0.0006% / 1h | 59m 58s | $1.3M | $273K | — | Long AZverse | |
| SHORT | 1.2919 | +0.0096 | get 0.0012% / 1h | 59m 58s | $694K | $1.4M | 20x | Short Lighter RH+10% pts |
Price gap+0.008%
Funding gap+0.0048% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0048% /8h now · paid +0.013% over the last 23 hours (all we have)
Price+$1spread +0.008% now, avg −0.005% → +0.012% if it goes back
Costsno datano order book for AZverse
Result, before costs+$3+0.03%+ Points / potential airdropLighter RH: Points live · 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+0.008%
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
/8hXRP on 52 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 —, Lighter RH 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: +$1.45Long AZverse: 24 payments, −$1.43; short Lighter RH: 24 payments, +$2.88.
- Note: Gap at its usual level+0.008% vs −0.005%The price leg adds little either way.
- Watch: Short leg is thinner$694K vs $1.3M OILighter RH sets your exit cost. Check its book before closing.
- OK: Points on a legLighter RH Points liveVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Lighter RH NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0047%/8h × 21 periods+$9.82
Price spread+0.008% → −0.005% (7d avg)+$1.23
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Lighter RH bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$0.95
Costs to cover0.120%Break-even7.7 days
Slippage: AZverse: no order-book sample; Lighter RH: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTLighter RH1.161.2 bp−$12.3 bp−$2323.0 bp−$2,303doesn’t fit
Closing costs about the same again.
AZverse: no data.
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